Bethel New Life Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 12,176,830 | 11,471,722 | 705,108 | -0.0 | 57% |
| 2012 | 10,683,905 | 10,738,246 | −54,341 | -2.5 | 61% |
| 2013 | 13,634,098 | 8,931,834 | 4,702,264 | 3.1 | 62% |
| 2014 | 5,203,275 | 4,719,850 | 483,425 | 7.1 | 54% |
| 2015 | 4,845,182 | 5,053,842 | −208,660 | 6.2 | 54% |
| 2016 | 4,003,778 | 4,753,350 | −749,572 | 3.0 | 54% |
| 2017 | 4,263,641 | 4,129,335 | 134,306 | 11.9 | 52% |
| 2018 | 3,912,781 | 4,475,624 | −562,843 | 9.5 | 45% |
| 2019 | 2,628,380 | 3,547,684 | −919,304 | 8.9 | 48% |
| 2020 | 1,273,506 | 741,964 | 531,542 | 51.1 | 14% |
| 2021 | 587,657 | 794,916 | −207,259 | 39.5 | 19% |
In its most recent public year (2021), this organization spent $207,259 more than it brought in. Its reserves stood at about 39.5 months of spending, up from 0 in 2011. Staff pay was 19% of spending. $526,485 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 2021. 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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