Life Way World Mission Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 60,769 | 59,506 | 1,263 | 0.4 | 0% |
| 2013 | 63,240 | 62,538 | 702 | 0.5 | 5% |
| 2014 | 62,057 | 59,407 | 2,650 | 1.1 | 20% |
| 2015 | 62,100 | 60,388 | 1,712 | 1.4 | 29% |
| 2016 | 68,098 | 63,814 | 4,284 | 2.1 | 28% |
| 2017 | 68,455 | 67,873 | 582 | 2.1 | 35% |
| 2018 | 96,035 | 85,903 | 10,132 | 3.1 | 50% |
| 2019 | 100,580 | 116,581 | −16,001 | 0.6 | 41% |
| 2020 | 103,470 | 85,213 | 18,257 | 3.4 | 56% |
| 2021 | 94,525 | 82,623 | 11,902 | 5.3 | 39% |
| 2022 | 103,167 | 115,166 | −11,999 | 2.5 | 43% |
| 2023 | 107,176 | 116,831 | −9,655 | 1.4 | 50% |
In its most recent public year (2023), this organization spent $9,655 more than it brought in. Its reserves stood at about 1.4 months of spending. 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
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