Overcoming Love Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,771,391 | 3,064,623 | −293,232 | 14.7 | 22% |
| 2021 | 2,614,539 | 3,025,469 | −410,930 | 13.3 | 21% |
| 2022 | 2,856,644 | 3,090,342 | −233,698 | 12.1 | 21% |
| 2023 | 2,021,251 | 2,460,081 | −438,830 | 13.0 | 26% |
In its most recent public year (2023), this organization spent $438,830 more than it brought in. Its reserves stood at about 13 months of spending, down from 14.7 in 2020. Staff pay was 26% 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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