Generous Life Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 470,988 | 180,396 | 290,592 | 19.3 | 68% |
| 2013 | 202,341 | 197,982 | 4,359 | 17.9 | 72% |
| 2014 | 251,469 | 476,413 | −224,944 | 1.8 | 37% |
| 2015 | 70,153 | 109,394 | −39,241 | 3.4 | — |
| 2016 | 728 | 31,494 | −30,766 | 0.0 | — |
| 2017 | 2,052,407 | 2,009,225 | 43,182 | 0.3 | 0% |
| 2019 | 1,510,514 | 1,509,485 | 1,029 | -0.0 | 0% |
| 2020 | 6,690,216 | 6,568,298 | 121,918 | 0.2 | 0% |
| 2021 | 6,078,199 | 6,188,197 | −109,998 | 0.0 | 0% |
In its most recent public year (2021), this organization spent $109,998 more than it brought in. Its reserves stood at about 0 months of spending, down from 19.3 in 2012. Staff pay was 0% 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 2021. 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
Generous Life Foundation's IRS filings as a feed — one entry per filing year, through 2021. 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