Abundant Life Ministry
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 2,500,709 | 2,417,217 | 83,492 | 3.2 | 56% |
| 2013 | 2,474,353 | 2,484,298 | −9,945 | 3.1 | 55% |
| 2014 | 2,512,472 | 2,469,774 | 42,698 | 3.3 | 56% |
| 2015 | 2,632,312 | 2,573,303 | 59,009 | 3.4 | 55% |
| 2016 | 2,564,459 | 2,579,615 | −15,156 | 3.3 | 56% |
| 2017 | 2,823,556 | 2,921,413 | −97,857 | 2.6 | 54% |
| 2018 | 2,711,374 | 2,604,587 | 106,787 | 3.4 | 55% |
| 2019 | 2,603,224 | 2,644,849 | −41,625 | 3.1 | 54% |
| 2020 | 2,636,871 | 2,690,645 | −53,774 | 2.8 | 55% |
| 2021 | 3,041,463 | 2,777,610 | 263,853 | 3.9 | 55% |
| 2022 | 2,533,763 | 2,737,457 | −203,694 | 3.1 | 57% |
| 2023 | 2,563,829 | 2,546,550 | 17,279 | 3.4 | 53% |
| 2024 | 2,461,252 | 2,650,945 | −189,693 | 2.4 | 53% |
In its most recent public year (2024), this organization spent $189,693 more than it brought in. Its reserves stood at about 2.4 months of spending. Staff pay was 53% 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 2024. 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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