Good News For Life Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 168,749 | 84,226 | 84,523 | 9.8 | 50% |
| 2012 | 257,317 | 219,978 | 37,339 | 5.8 | 61% |
| 2013 | 257,192 | 226,266 | 30,926 | 7.3 | 56% |
| 2014 | 397,437 | 261,063 | 136,374 | 12.6 | 53% |
| 2015 | 263,156 | 252,581 | 10,575 | 13.5 | 59% |
| 2016 | 265,103 | 243,401 | 21,702 | 15.1 | 64% |
| 2017 | 251,570 | 242,034 | 9,536 | 28.7 | 65% |
| 2018 | 331,853 | 286,370 | 45,483 | 25.9 | 54% |
| 2019 | 330,799 | 289,774 | 41,025 | 27.8 | 54% |
| 2020 | 341,569 | 278,394 | 63,175 | 32.3 | 53% |
| 2021 | 345,933 | 284,566 | 61,367 | 34.6 | 53% |
| 2022 | 333,879 | 311,400 | 22,479 | 31.5 | 53% |
| 2023 | 337,960 | 361,023 | −23,063 | 26.8 | 47% |
In its most recent public year (2023), this organization spent $23,063 more than it brought in. Its reserves stood at about 26.8 months of spending, up from 9.8 in 2011. Staff pay was 47% 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
Good News For Life Inc'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