Light Of Life Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 946,936 | 998,020 | −51,084 | 17.2 | 47% |
| 2012 | 1,081,645 | 972,171 | 109,474 | 18.9 | 44% |
| 2013 | 658,748 | 804,707 | −145,959 | 20.7 | 42% |
| 2014 | 954,047 | 1,087,614 | −133,567 | 13.8 | 54% |
| 2015 | 1,102,259 | 1,135,810 | −33,551 | 12.9 | 57% |
| 2016 | 1,359,846 | 1,197,006 | 162,840 | 13.8 | 56% |
| 2017 | 1,003,544 | 1,032,825 | −29,281 | 15.7 | 61% |
| 2018 | 1,175,531 | 1,106,139 | 69,392 | 15.3 | 62% |
| 2019 | 1,119,546 | 1,157,990 | −38,444 | 14.2 | 64% |
| 2020 | 1,092,147 | 1,066,764 | 25,383 | 15.8 | 61% |
| 2021 | 1,119,059 | 1,060,326 | 58,733 | 7.8 | 69% |
| 2022 | 1,151,596 | 1,244,585 | −92,989 | 9.5 | 63% |
| 2023 | 1,141,196 | 1,304,228 | −163,032 | 7.6 | 60% |
In its most recent public year (2023), this organization spent $163,032 more than it brought in. Its reserves stood at about 7.6 months of spending, down from 17.2 in 2011. Staff pay was 60% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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