Gospel Light Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 46,735 | 62,770 | −16,035 | -1.4 | 19% |
| 2019 | 98,479 | 100,036 | −1,557 | -0.2 | 20% |
| 2020 | 115,592 | 114,140 | 1,452 | 0.0 | 58% |
| 2021 | 189,000 | 189,000 | 0 | 0.0 | 51% |
| 2022 | 171,833 | 180,408 | −8,575 | -0.6 | 57% |
| 2023 | 233,052 | 212,761 | 20,291 | 0.6 | 49% |
In its most recent public year (2023), this organization brought in $20,291 more than it spent. Its reserves stood at about 0.6 months of spending, up from -1.4 in 2018. Staff pay was 49% 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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