New Life International Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 580,216 | 654,696 | −74,480 | 61.4 | 17% |
| 2012 | 341,763 | 910,396 | −568,633 | 36.7 | 41% |
| 2013 | 423,415 | 883,631 | −460,216 | 31.5 | 38% |
| 2014 | 510,176 | 593,612 | −83,436 | 45.2 | 37% |
| 2015 | 511,994 | 491,246 | 20,748 | 55.4 | 33% |
| 2016 | 330,022 | 531,645 | −201,623 | 32.0 | 30% |
| 2017 | 1,947,917 | 1,131,156 | 816,761 | 22.2 | 24% |
| 2018 | 2,120,570 | 1,548,361 | 572,209 | 18.0 | 19% |
| 2019 | 2,416,212 | 992,135 | 1,424,077 | 49.6 | 28% |
| 2020 | 432,919 | 1,280,860 | −847,941 | 29.7 | 24% |
| 2021 | 2,923,708 | 1,541,497 | 1,382,211 | 35.9 | 15% |
| 2022 | 2,971,555 | 2,325,527 | 646,028 | 26.8 | 19% |
| 2023 | 3,080,610 | 2,505,267 | 575,343 | 27.9 | 22% |
In its most recent public year (2023), this organization brought in $575,343 more than it spent. Its reserves stood at about 27.9 months of spending, down from 61.4 in 2011. Staff pay was 22% 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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