True Life Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 63,195 | 66,741 | −3,546 | -0.6 | — |
| 2015 | 113,850 | 119,243 | −5,393 | -0.9 | — |
| 2016 | 179,761 | 146,206 | 33,555 | 2.0 | — |
| 2017 | 172,872 | 180,233 | −7,361 | 1.1 | — |
| 2018 | 163,875 | 167,104 | −3,229 | 1.0 | — |
| 2019 | 196,530 | 205,874 | −9,344 | 0.3 | 68% |
| 2020 | 255,865 | 215,158 | 40,707 | 2.5 | 68% |
| 2021 | 257,207 | 262,060 | −4,853 | 1.9 | 72% |
| 2022 | 239,988 | 251,680 | −11,692 | 1.4 | 72% |
| 2023 | 246,603 | 217,110 | 29,493 | 3.2 | 66% |
In its most recent public year (2023), this organization brought in $29,493 more than it spent. Its reserves stood at about 3.2 months of spending, up from -0.6 in 2014. Staff pay was 66% 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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