everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

New Life Baptist Church

Woburn, MA / EIN 04-3342124 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20101,176,9601,028,221148,7391.824%
20111,051,7841,056,087−4,3030.018%
20121,092,1821,090,8381,3441.533%
2013837,495846,030−8,5351.632%
2014590,977535,85655,1212.631%
2015666,309557,098109,2114.930%
2016736,964564,009172,9558.930%
2017610,384557,14253,2429.732%
2018736,268561,461174,80713.331%
2019833,123644,103189,0200.030%
2020852,892705,109147,78316.729%
20211,090,559828,377262,18218.125%
20221,279,9781,044,425235,55317.00%
20231,418,724964,502454,22224.10%

In its most recent public year (2023), this organization brought in $454,222 more than it spent. Its reserves stood at about 24.1 months of spending, up from 1.8 in 2010. Staff pay was 0% 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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