L3 Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 0 | 0 | 0 | — | — |
| 2018 | 5,517 | 3 | 5,514 | 22056.0 | — |
| 2019 | 27,388 | 14,977 | 12,411 | 14.4 | — |
| 2020 | 33,046 | 37,413 | −4,367 | 4.3 | — |
| 2021 | 44,533 | 33,679 | 10,854 | 8.7 | — |
| 2022 | 32,796 | 33,619 | −823 | 8.4 | — |
| 2023 | 20,923 | 24,855 | −3,932 | 9.5 | — |
In its most recent public year (2023), this organization spent $3,932 more than it brought in. Its reserves stood at about 9.5 months 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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