Lx Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 117,713 | 111,856 | 5,857 | 3.0 | — |
| 2021 | 256,310 | 155,972 | 100,338 | 9.9 | 86% |
| 2022 | 101,834 | 156,981 | −55,147 | 5.6 | 77% |
| 2023 | 185,439 | 123,414 | 62,025 | 13.0 | 48% |
In its most recent public year (2023), this organization brought in $62,025 more than it spent. Its reserves stood at about 13 months of spending, up from 3 in 2020. Staff pay was 48% 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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