New Life Global Ministry Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 58,824 | 57,779 | 1,045 | 0.2 | — |
| 2017 | 35,608 | 33,930 | 1,678 | 1.0 | — |
| 2018 | 26,887 | 29,027 | −2,140 | 0.2 | — |
| 2019 | 40,731 | 38,519 | 2,212 | 0.9 | — |
| 2020 | 60,163 | 55,235 | 4,928 | 1.7 | — |
| 2021 | 43,670 | 44,556 | −886 | 1.8 | — |
| 2022 | 64,139 | 65,321 | −1,182 | 1.0 | — |
| 2023 | 52,694 | 52,743 | −49 | 1.3 | — |
In its most recent public year (2023), this organization spent $49 more than it brought in. Its reserves stood at about 1.3 months of spending, up from 0.2 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
New Life Global Ministry Inc'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