Life Factors Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 87,048 | 110,186 | −23,138 | -0.7 | — |
| 2019 | 87,048 | 110,186 | −23,138 | -0.7 | — |
| 2020 | 116,025 | 105,621 | 10,404 | 0.4 | — |
| 2021 | 145,577 | 136,849 | 8,728 | 1.1 | — |
| 2022 | 214,669 | 185,118 | 29,551 | 2.7 | 47% |
| 2023 | 170,732 | 181,400 | −10,668 | 2.1 | 55% |
| 2024 | 198,228 | 198,154 | 74 | 1.9 | 58% |
In its most recent public year (2024), this organization brought in $74 more than it spent. Its reserves stood at about 1.9 months of spending, up from -0.7 in 2018. Staff pay was 58% 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 2024. 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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