Life Challenge Of Amarillo Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 112,169 | 162,391 | −50,222 | 39.3 | 18% |
| 2012 | 72,948 | 133,340 | −60,392 | 42.4 | 14% |
| 2013 | 245,527 | 239,757 | 5,770 | 23.9 | 18% |
| 2014 | 233,828 | 267,355 | −33,527 | 20.0 | 15% |
| 2015 | 268,975 | 271,138 | −2,163 | 19.6 | 20% |
| 2016 | 396,930 | 320,193 | 76,737 | 19.5 | 26% |
| 2017 | 375,224 | 353,562 | 21,662 | 18.4 | 34% |
| 2018 | 655,254 | 411,776 | 243,478 | 22.9 | 37% |
| 2019 | 654,019 | 529,763 | 124,256 | 20.6 | 36% |
| 2020 | 660,756 | 541,494 | 119,262 | 22.8 | 37% |
| 2021 | 777,478 | 606,858 | 170,620 | 23.5 | 33% |
| 2022 | 927,122 | 708,530 | 218,592 | 23.5 | 36% |
| 2023 | 650,750 | 800,485 | −149,735 | 18.5 | 34% |
In its most recent public year (2023), this organization spent $149,735 more than it brought in. Its reserves stood at about 18.5 months of spending, down from 39.3 in 2011. Staff pay was 34% 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
Life Challenge Of Amarillo Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works