Love & Care Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 668,663 | 628,899 | 39,764 | 34.6 | 37% |
| 2012 | 736,159 | 662,906 | 73,253 | 34.1 | 38% |
| 2013 | 759,015 | 761,183 | −2,168 | 29.7 | 39% |
| 2014 | 886,942 | 804,064 | 82,878 | 29.3 | 39% |
| 2015 | 815,485 | 804,918 | 10,567 | 29.5 | 43% |
| 2016 | 809,218 | 892,184 | −82,966 | 25.5 | 46% |
| 2017 | 826,656 | 870,742 | −44,086 | 25.5 | 48% |
| 2018 | 792,436 | 883,857 | −91,421 | 23.9 | 46% |
| 2019 | 1,156,843 | 1,033,933 | 122,910 | 21.8 | 40% |
| 2020 | 1,304,582 | 1,118,817 | 185,765 | 22.2 | 40% |
| 2021 | 6,608,459 | 1,188,251 | 5,420,208 | 75.6 | 41% |
| 2022 | 1,222,335 | 1,403,260 | −180,925 | 62.5 | 40% |
| 2023 | 1,405,415 | 1,605,223 | −199,808 | 53.1 | 37% |
In its most recent public year (2023), this organization spent $199,808 more than it brought in. Its reserves stood at about 53.1 months of spending, up from 34.6 in 2011. Staff pay was 37% 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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