Love Inc Of Skagit County-In The Name Of Christ
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 176,322 | 204,119 | −27,797 | 3.5 | — |
| 2012 | 181,363 | 194,466 | −13,103 | 2.9 | — |
| 2013 | 290,897 | 148,855 | 142,042 | 14.3 | 39% |
| 2014 | 217,775 | 153,387 | 64,388 | 18.9 | 33% |
| 2015 | 179,332 | 160,125 | 19,207 | 19.6 | 35% |
| 2016 | 189,359 | 168,350 | 21,009 | 20.1 | 39% |
| 2017 | 200,355 | 178,694 | 21,661 | 20.4 | 40% |
| 2018 | 211,468 | 204,859 | 6,609 | 18.2 | 33% |
| 2019 | 203,939 | 178,881 | 25,058 | 22.5 | 40% |
| 2020 | 181,232 | 174,032 | 7,200 | 23.6 | 43% |
| 2021 | 206,344 | 167,077 | 39,267 | 27.4 | 42% |
| 2022 | 197,542 | 183,773 | 13,769 | 26.3 | 40% |
| 2023 | 245,454 | 201,437 | 44,017 | 26.6 | 43% |
In its most recent public year (2023), this organization brought in $44,017 more than it spent. Its reserves stood at about 26.6 months of spending, up from 3.5 in 2011. Staff pay was 43% 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
Love Inc Of Skagit County-In The Name Of Christ'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