New Life Thrift Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 579,153 | 504,106 | 75,047 | 11.5 | 42% |
| 2012 | 1,341,788 | 1,272,019 | 69,769 | 5.3 | 41% |
| 2013 | 1,452,142 | 1,293,193 | 158,949 | 6.7 | 46% |
| 2014 | 1,435,177 | 1,303,534 | 131,643 | 7.8 | 51% |
| 2015 | 1,633,705 | 1,528,502 | 105,203 | 7.5 | 49% |
| 2016 | 1,676,031 | 1,766,403 | −90,372 | 5.9 | 53% |
| 2017 | 1,589,405 | 1,699,019 | −109,614 | 5.3 | 59% |
| 2018 | 1,745,805 | 1,638,425 | 107,380 | 6.3 | 60% |
| 2019 | 1,943,854 | 1,925,441 | 18,413 | 5.5 | 57% |
| 2020 | 1,594,732 | 1,614,072 | −19,340 | 6.4 | 57% |
| 2021 | 2,183,383 | 1,900,761 | 282,622 | 7.2 | 61% |
| 2022 | 2,798,421 | 2,160,813 | 637,608 | 9.9 | 56% |
| 2023 | 2,452,018 | 2,405,242 | 46,776 | 9.1 | 56% |
In its most recent public year (2023), this organization brought in $46,776 more than it spent. Its reserves stood at about 9.1 months of spending, down from 11.5 in 2011. Staff pay was 56% of spending. $599,766 of its net assets are donor-restricted.
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
New Life Thrift 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