Lifemark Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 53,693 | 51,303 | 2,390 | 5.1 | — |
| 2014 | 85,199 | 68,287 | 16,912 | 6.8 | — |
| 2015 | 185,455 | 76,533 | 108,922 | 23.1 | — |
| 2016 | 49,573 | 96,569 | −46,996 | 12.5 | — |
| 2017 | 133,519 | 179,699 | −46,180 | 3.6 | — |
| 2018 | 178,002 | 118,049 | 59,953 | 11.6 | — |
| 2019 | 119,360 | 152,001 | −32,641 | 6.5 | — |
| 2020 | 118,408 | 156,454 | −38,046 | 2.6 | — |
| 2022 | 240,487 | 156,951 | 83,536 | 9.0 | 4% |
| 2023 | 119,797 | 179,842 | −60,045 | 3.8 | 4% |
In its most recent public year (2023), this organization spent $60,045 more than it brought in. Its reserves stood at about 3.8 months of spending, down from 5.1 in 2013. Staff pay was 4% 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
Lifemark 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