Summit Life Outreach Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 67,391 | 63,609 | 3,782 | 7.7 | — |
| 2012 | 63,377 | 55,540 | 7,837 | 10.5 | — |
| 2013 | 62,174 | 62,266 | −92 | 9.4 | — |
| 2014 | 77,216 | 82,728 | −5,512 | 6.3 | — |
| 2015 | 83,346 | 82,859 | 487 | 6.3 | — |
| 2016 | 92,505 | 83,245 | 9,260 | 7.6 | — |
| 2017 | 77,994 | 80,856 | −2,862 | 7.4 | — |
| 2018 | 125,162 | 95,540 | 29,622 | 10.0 | — |
| 2019 | 112,175 | 83,658 | 28,517 | 15.5 | — |
| 2020 | 99,524 | 74,958 | 24,566 | 20.3 | — |
| 2021 | 138,927 | 94,738 | 44,189 | 21.7 | — |
| 2022 | 99,413 | 100,236 | −823 | 20.4 | — |
| 2023 | 108,944 | 105,564 | 3,380 | 19.7 | — |
In its most recent public year (2023), this organization brought in $3,380 more than it spent. Its reserves stood at about 19.7 months of spending, up from 7.7 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
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