Love Never Fails
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 76,616 | 26,102 | 50,514 | 23.2 | — |
| 2013 | 56,603 | 62,177 | −5,574 | 8.7 | — |
| 2015 | 272,311 | 253,492 | 18,819 | 3.4 | 33% |
| 2016 | 424,208 | 465,746 | −41,538 | 0.8 | 46% |
| 2017 | 460,179 | 449,104 | 11,075 | 1.1 | 52% |
| 2018 | 591,749 | 533,672 | 58,077 | 2.2 | 54% |
| 2019 | 813,898 | 797,865 | 16,033 | 1.7 | 49% |
| 2020 | 1,469,130 | 1,179,203 | 289,927 | 4.1 | 53% |
| 2021 | 1,083,887 | 1,288,442 | −204,555 | 1.9 | 52% |
| 2022 | 2,283,665 | 2,436,385 | −152,720 | 1.4 | 52% |
| 2023 | 3,822,819 | 3,449,342 | 373,477 | 2.3 | 51% |
In its most recent public year (2023), this organization brought in $373,477 more than it spent. Its reserves stood at about 2.3 months of spending, down from 23.2 in 2012. Staff pay was 51% 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
Love Never Fails's IRS filings as a feed — one entry per filing year, through 2023. 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