Lifewater Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 6,246,597 | 6,213,435 | 33,162 | 4.8 | 49% |
| 2021 | 8,037,007 | 7,164,507 | 872,500 | 5.6 | 41% |
| 2022 | 6,729,724 | 7,952,728 | −1,223,004 | 3.2 | 42% |
| 2023 | 6,085,538 | 6,550,113 | −464,575 | 3.0 | 49% |
In its most recent public year (2023), this organization spent $464,575 more than it brought in. Its reserves stood at about 3 months of spending, down from 4.8 in 2020. Staff pay was 49% of spending. $700,000 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
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