Truth For Life
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 17,917,869 | 14,033,416 | 3,884,453 | 18.7 | 12% |
| 2021 | 20,814,256 | 15,361,553 | 5,452,703 | 21.3 | 4% |
| 2022 | 19,710,267 | 16,355,406 | 3,354,861 | 22.1 | 4% |
| 2023 | 23,970,675 | 21,135,992 | 2,834,683 | 19.0 | 3% |
In its most recent public year (2023), this organization brought in $2,834,683 more than it spent. Its reserves stood at about 19 months of spending. Staff pay was 3% of spending. $50,000 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
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