Life Impact Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 321,253 | 308,605 | 12,648 | 2.0 | 40% |
| 2012 | 187,135 | 200,062 | −12,927 | 2.3 | 37% |
| 2013 | 95,856 | 103,426 | −7,570 | 3.5 | 61% |
| 2014 | 91,254 | 84,153 | 7,101 | 5.3 | — |
| 2015 | 46,591 | 62,544 | −15,953 | 3.9 | — |
| 2016 | 15,869 | 24,675 | −8,806 | 5.6 | — |
| 2023 | 102,092 | 6,431 | 95,661 | 189.1 | — |
In its most recent public year (2023), this organization brought in $95,661 more than it spent. Its reserves stood at about 189.1 months of spending, up from 2 in 2011.
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 Impact Ministries 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