New Life Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 397,636 | 179,464 | 218,172 | 11.1 | 65% |
| 2012 | 164,030 | 187,841 | −23,811 | 9.1 | 61% |
| 2013 | 123,795 | 174,095 | −50,300 | 6.3 | 68% |
| 2014 | 144,951 | 161,737 | −16,786 | 5.6 | 63% |
| 2015 | 200,069 | 171,484 | 28,585 | 7.3 | 62% |
| 2016 | 401,321 | 193,166 | 208,155 | 19.4 | 54% |
| 2017 | 122,905 | 198,571 | −75,666 | 14.3 | 57% |
| 2018 | 105,512 | 153,305 | −47,793 | 14.7 | 70% |
| 2019 | 142,477 | 136,786 | 5,691 | 17.0 | 65% |
| 2020 | 110,064 | 130,761 | −20,697 | 15.9 | 66% |
| 2021 | 117,810 | 140,082 | −22,272 | 12.9 | 64% |
| 2022 | 174,287 | 130,338 | 43,949 | 18.0 | 70% |
| 2023 | 171,204 | 148,851 | 22,353 | 17.5 | 63% |
In its most recent public year (2023), this organization brought in $22,353 more than it spent. Its reserves stood at about 17.5 months of spending, up from 11.1 in 2011. Staff pay was 63% 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
New Life Ministries'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