L I F E Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 252,562 | 217,582 | 34,980 | 21.4 | 50% |
| 2012 | 295,449 | 293,502 | 1,947 | 16.2 | 43% |
| 2013 | 399,153 | 469,199 | −70,046 | 8.2 | 36% |
| 2014 | 370,005 | 401,829 | −31,824 | 8.3 | 31% |
| 2015 | 404,361 | 370,293 | 34,068 | 9.6 | 29% |
| 2016 | 385,001 | 293,239 | 91,762 | 15.8 | 34% |
| 2017 | 536,565 | 302,190 | 234,375 | 24.0 | 39% |
| 2018 | 427,872 | 352,231 | 75,641 | 23.2 | 38% |
| 2019 | 442,977 | 294,476 | 148,501 | 33.7 | 45% |
| 2020 | 586,156 | 334,663 | 251,493 | 38.7 | 42% |
| 2021 | 753,899 | 322,552 | 431,347 | 56.5 | 46% |
| 2022 | 746,242 | 1,929,367 | −1,183,125 | 6.5 | 10% |
| 2023 | 799,267 | 572,056 | 227,211 | 26.8 | 41% |
In its most recent public year (2023), this organization brought in $227,211 more than it spent. Its reserves stood at about 26.8 months of spending, up from 21.4 in 2011. Staff pay was 41% of spending. $1,264 of its net assets are donor-restricted.
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
L I F E 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