Covenant Of Love Uul Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 293,904 | 293,904 | 0 | 0.0 | 0% |
| 2012 | 433,127 | 432,068 | 1,059 | 0.0 | 12% |
| 2013 | 616,003 | 603,706 | 12,297 | 0.3 | 40% |
| 2014 | 487,209 | 500,678 | −13,469 | 0.0 | 28% |
| 2015 | 498,098 | 492,752 | 5,346 | 0.1 | 21% |
| 2016 | 394,150 | 398,427 | −4,277 | 0.0 | 32% |
| 2017 | 492,381 | 483,433 | 8,948 | 0.3 | 23% |
| 2018 | 469,366 | 477,206 | −7,840 | 0.1 | 22% |
| 2019 | 392,489 | 389,972 | 2,517 | 0.2 | 19% |
| 2021 | 252,786 | 511,267 | −258,481 | 4.5 | 31% |
| 2022 | 383,924 | 493,538 | −109,614 | 1.8 | 35% |
| 2023 | 588,025 | 658,621 | −70,596 | 0.0 | 42% |
In its most recent public year (2023), this organization spent $70,596 more than it brought in. Its reserves stood at about 0 months of spending. Staff pay was 42% 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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