Life Christian Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,260,406 | 1,163,527 | 96,879 | 4.6 | 66% |
| 2021 | 1,253,721 | 1,140,679 | 113,042 | 5.9 | 72% |
| 2022 | 1,363,432 | 1,284,591 | 78,841 | 6.0 | 68% |
| 2023 | 1,438,538 | 1,362,982 | 75,556 | 6.3 | 68% |
In its most recent public year (2023), this organization brought in $75,556 more than it spent. Its reserves stood at about 6.3 months of spending, up from 4.6 in 2020. Staff pay was 68% 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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