New Life Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 81,442 | 76,919 | 4,523 | 1.6 | — |
| 2012 | 111,728 | 108,892 | 2,836 | 1.4 | — |
| 2013 | 118,765 | 116,134 | 2,631 | 1.6 | — |
| 2014 | 116,148 | 115,621 | 527 | 1.7 | — |
| 2015 | 121,321 | 108,068 | 13,253 | 3.3 | — |
| 2016 | 114,396 | 128,894 | −14,498 | 1.4 | — |
| 2017 | 135,335 | 123,200 | 12,135 | 2.6 | — |
| 2018 | 121,607 | 123,577 | −1,970 | 2.4 | — |
| 2019 | 128,017 | 126,496 | 1,521 | 2.5 | — |
| 2020 | 100,246 | 119,413 | −19,167 | 0.7 | — |
| 2021 | 111,145 | 111,174 | −29 | 0.8 | — |
| 2022 | 72,100 | 78,101 | −6,001 | 0.2 | — |
In its most recent public year (2022), this organization spent $6,001 more than it brought in. Its reserves stood at about 0.2 months of spending, down from 1.6 in 2011.
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 2022. 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
New Life Ministries's IRS filings as a feed — one entry per filing year, through 2022. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works