Laredo Life Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 45,903 | 61,379 | −15,476 | 18.7 | — |
| 2012 | 20,508 | 62,016 | −41,508 | 10.5 | — |
| 2019 | 15,400 | 14,844 | 556 | 1.3 | — |
| 2020 | 34,287 | 10,815 | 23,472 | 27.8 | — |
| 2022 | 178,938 | 197,007 | −18,069 | 1.1 | — |
| 2023 | 244,869 | 118,688 | 126,181 | 14.6 | 50% |
In its most recent public year (2023), this organization brought in $126,181 more than it spent. Its reserves stood at about 14.6 months of spending, down from 18.7 in 2011. Staff pay was 50% 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
Laredo Life Center'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