First Love International Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,405,336 | 2,337,515 | 67,821 | 4.2 | 29% |
| 2012 | 2,890,703 | 2,755,031 | 135,672 | 4.1 | 28% |
| 2013 | 3,181,837 | 3,105,224 | 76,613 | 4.0 | 29% |
| 2014 | 3,835,514 | 3,345,563 | 489,951 | 5.4 | 28% |
| 2015 | 3,896,764 | 3,654,312 | 242,452 | 5.8 | 26% |
| 2016 | 3,716,388 | 3,651,119 | 65,269 | 6.0 | 21% |
| 2017 | 3,486,928 | 3,505,976 | −19,048 | 6.2 | 22% |
| 2018 | 3,572,083 | 3,601,827 | −29,744 | 6.0 | 21% |
| 2019 | 3,605,465 | 3,784,238 | −178,773 | 5.1 | 22% |
| 2020 | 3,517,035 | 3,379,723 | 137,312 | 6.2 | 25% |
| 2021 | 3,511,546 | 3,101,089 | 410,457 | 8.5 | 28% |
| 2022 | 5,022,143 | 3,594,955 | 1,427,188 | 12.0 | 26% |
| 2023 | 3,745,349 | 4,264,749 | −519,400 | 8.7 | 23% |
In its most recent public year (2023), this organization spent $519,400 more than it brought in. Its reserves stood at about 8.7 months of spending, up from 4.2 in 2011. Staff pay was 23% 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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