Sovereign Life Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 96,315 | 98,687 | −2,372 | 0.1 | — |
| 2012 | 55,619 | 54,768 | 851 | 0.3 | — |
| 2013 | 49,654 | 50,334 | −680 | 0.2 | — |
| 2014 | 46,270 | 46,662 | −392 | 0.1 | — |
| 2015 | 68,926 | 67,714 | 1,212 | 0.3 | — |
| 2016 | 82,648 | 83,490 | −842 | 0.1 | — |
| 2017 | 80,723 | 80,767 | −44 | 0.1 | — |
| 2018 | 62,096 | 62,255 | −159 | 0.1 | — |
| 2019 | 90,729 | 90,741 | −12 | 0.0 | — |
| 2020 | 97,665 | 75,056 | 22,609 | 3.7 | — |
| 2021 | 150,967 | 156,831 | −5,864 | 1.3 | — |
| 2022 | 94,163 | 108,495 | −14,332 | 0.3 | — |
| 2023 | 55,712 | 54,992 | 720 | 0.7 | — |
In its most recent public year (2023), this organization brought in $720 more than it spent. Its reserves stood at about 0.7 months 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
Sovereign Life Ministries 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