Life Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 99,488 | 93,537 | 5,951 | 1.1 | — |
| 2012 | 117,712 | 114,731 | 2,981 | 1.2 | — |
| 2013 | 130,765 | 130,562 | 203 | 1.1 | — |
| 2014 | 145,680 | 145,214 | 466 | 1.0 | — |
| 2015 | 156,917 | 153,255 | 3,662 | 1.3 | — |
| 2016 | 173,042 | 180,813 | −7,771 | 0.5 | — |
| 2017 | 168,987 | 172,690 | −3,703 | 0.3 | — |
| 2018 | 187,449 | 185,663 | 1,786 | 0.4 | — |
| 2019 | 202,690 | 199,694 | 2,996 | 0.6 | 70% |
| 2020 | 250,900 | 234,566 | 16,334 | 1.3 | 73% |
| 2021 | 268,134 | 282,150 | −14,016 | 0.5 | 67% |
| 2022 | 294,138 | 294,553 | −415 | 0.5 | 72% |
| 2023 | 278,776 | 280,164 | −1,388 | 0.4 | 68% |
In its most recent public year (2023), this organization spent $1,388 more than it brought in. Its reserves stood at about 0.4 months of spending. 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
Life Ministries'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