Life Source International Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 486,325 | 385,465 | 100,860 | 4.0 | 45% |
| 2021 | 467,042 | 466,584 | 458 | 3.1 | 33% |
| 2022 | 648,448 | 531,053 | 117,395 | 5.4 | 30% |
| 2023 | 666,474 | 680,283 | −13,809 | 4.0 | 39% |
In its most recent public year (2023), this organization spent $13,809 more than it brought in. Its reserves stood at about 4 months of spending. Staff pay was 39% 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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