New Life Church Of Christ
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 78,145 | 67,746 | 10,399 | 4.9 | — |
| 2017 | 71,126 | 70,157 | 969 | 0.0 | — |
| 2018 | 65,241 | 50,849 | 14,392 | 10.1 | — |
| 2019 | 65,254 | 57,858 | 7,396 | 10.4 | — |
| 2020 | 52,559 | 46,744 | 5,815 | 14.4 | — |
| 2021 | 47,980 | 62,959 | −14,979 | 7.8 | — |
| 2022 | 49,288 | 58,695 | −9,407 | 6.5 | — |
| 2023 | 62,052 | 59,296 | 2,756 | 7.0 | — |
In its most recent public year (2023), this organization brought in $2,756 more than it spent. Its reserves stood at about 7 months of spending, up from 4.9 in 2016.
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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