The Life Center Complex Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,930,832 | 2,310,787 | 620,045 | 10.6 | 73% |
| 2021 | 3,130,753 | 2,485,917 | 644,836 | 5.0 | 68% |
| 2022 | 6,632,742 | 3,544,981 | 3,087,761 | 14.0 | 9% |
| 2023 | 2,806,576 | 3,922,958 | −1,116,382 | 9.2 | 62% |
In its most recent public year (2023), this organization spent $1,116,382 more than it brought in. Its reserves stood at about 9.2 months of spending, down from 10.6 in 2020. Staff pay was 62% 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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