New Life Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 444,574 | 452,769 | −8,195 | 0.1 | 27% |
| 2012 | 415,782 | 417,345 | −1,563 | 0.1 | 30% |
| 2013 | 395,084 | 383,260 | 11,824 | 0.5 | 31% |
| 2014 | 299,132 | 300,053 | −921 | 0.4 | 37% |
| 2015 | 260,835 | 243,002 | 17,833 | 1.4 | 43% |
| 2016 | 210,066 | 228,787 | −18,721 | 0.5 | 45% |
| 2017 | 223,077 | 220,924 | 2,153 | 0.6 | 44% |
| 2018 | 220,405 | 219,700 | 705 | 0.6 | 40% |
| 2019 | 285,924 | 268,482 | 17,442 | 1.5 | 38% |
| 2020 | 297,943 | 214,575 | 83,368 | 6.5 | 45% |
| 2021 | 368,583 | 275,327 | 93,256 | 9.1 | 35% |
| 2022 | 663,293 | 343,883 | 319,410 | 18.4 | 40% |
| 2023 | 367,975 | 403,017 | −35,042 | 14.8 | 37% |
In its most recent public year (2023), this organization spent $35,042 more than it brought in. Its reserves stood at about 14.8 months of spending, up from 0.1 in 2011. Staff pay was 37% 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 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