Generous Life Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 190,591 | 191,225 | −634 | 0.3 | — |
| 2015 | 191,306 | 162,273 | 29,033 | 2.5 | 0% |
| 2016 | 150,839 | 170,348 | −19,509 | 1.0 | 0% |
| 2017 | 313,488 | 156,406 | 157,082 | 13.1 | 0% |
| 2018 | 71,298 | 161,859 | −90,561 | 6.0 | 0% |
| 2019 | 231,169 | 221,280 | 9,889 | 4.9 | 7% |
| 2020 | 525,893 | 437,871 | 88,022 | 5.2 | 43% |
| 2021 | 528,001 | 579,572 | −51,571 | 2.9 | 54% |
| 2022 | 865,409 | 860,932 | 4,477 | 2.4 | 61% |
| 2023 | 1,135,088 | 1,015,945 | 119,143 | 3.5 | 66% |
In its most recent public year (2023), this organization brought in $119,143 more than it spent. Its reserves stood at about 3.5 months of spending, up from 0.3 in 2014. Staff pay was 66% of spending. $81,285 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
Generous Life Foundation'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