Life Worship Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 98,659 | 46,075 | 52,584 | 12.2 | — |
| 2020 | 141,383 | 54,235 | 87,148 | 28.8 | — |
| 2021 | 384,472 | 240,165 | 144,307 | 13.7 | 0% |
| 2022 | 389,261 | 215,248 | 174,013 | 64.6 | 0% |
| 2023 | 395,007 | 111,415 | 283,592 | 150.9 | 0% |
In its most recent public year (2023), this organization brought in $283,592 more than it spent. Its reserves stood at about 150.9 months of spending, up from 12.2 in 2019. 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 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 Worship Center Inc'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