Redeeming Life Outreach Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 264,881 | 260,692 | 4,189 | 26.8 | 66% |
| 2021 | 599,337 | 461,236 | 138,101 | 18.7 | 40% |
| 2022 | 880,559 | 374,752 | 505,807 | 39.2 | 59% |
| 2023 | 964,729 | 600,913 | 363,816 | 31.7 | 58% |
In its most recent public year (2023), this organization brought in $363,816 more than it spent. Its reserves stood at about 31.7 months of spending, up from 26.8 in 2020. Staff pay was 58% 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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