Light Of The Gospel Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 110,808 | 92,139 | 18,669 | 4.0 | 0% |
| 2019 | 89,278 | 55,743 | 33,535 | 13.9 | 0% |
| 2020 | 34,722 | 24,877 | 9,845 | 35.9 | 16% |
| 2021 | 44,794 | 46,619 | −1,825 | 18.7 | 26% |
| 2022 | 22,619 | 26,220 | −3,601 | 31.6 | 0% |
In its most recent public year (2022), this organization spent $3,601 more than it brought in. Its reserves stood at about 31.6 months of spending, up from 4 in 2018. Staff pay was 0% 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 2022. 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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