Living The New Life Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 192,846 | 204,613 | −11,767 | 2.3 | — |
| 2012 | 203,854 | 193,249 | 10,605 | 3.1 | 62% |
| 2013 | 204,579 | 199,049 | 5,530 | 3.4 | 58% |
| 2014 | 203,778 | 216,522 | −12,744 | 0.7 | 53% |
| 2015 | 266,681 | 233,741 | 32,940 | 2.3 | 50% |
| 2016 | 302,526 | 308,470 | −5,944 | 1.6 | 43% |
| 2017 | 210,796 | 221,457 | −10,661 | 1.6 | 55% |
| 2018 | 190,737 | 192,906 | −2,169 | 1.7 | 43% |
| 2019 | 160,944 | 162,631 | −1,687 | 1.9 | 60% |
| 2020 | 107,908 | 100,012 | 7,896 | 4.1 | 63% |
| 2021 | 137,055 | 110,894 | 26,161 | 6.5 | 60% |
| 2022 | 138,454 | 125,443 | 13,011 | 7.0 | 52% |
| 2023 | 127,948 | 116,793 | 11,155 | 8.7 | 0% |
In its most recent public year (2023), this organization brought in $11,155 more than it spent. Its reserves stood at about 8.7 months of spending, up from 2.3 in 2011. 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 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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