Redeeming Love Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 90,823 | 54,227 | 36,596 | 16.0 | — |
| 2018 | 146,308 | 104,241 | 42,067 | 13.2 | — |
| 2019 | 160,157 | 175,428 | −15,271 | 6.8 | — |
| 2020 | 223,262 | 215,692 | 7,570 | 6.4 | 10% |
| 2021 | 436,148 | 311,793 | 124,355 | 9.2 | 11% |
| 2022 | 696,959 | 522,615 | 174,344 | 9.5 | 11% |
| 2023 | 818,959 | 808,261 | 10,698 | 6.3 | 10% |
In its most recent public year (2023), this organization brought in $10,698 more than it spent. Its reserves stood at about 6.3 months of spending, down from 16 in 2017. Staff pay was 10% 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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