everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Bill Cox Abundant Life Ministries Inc

Spartanburg, SC / EIN 57-0693756 / Form 990-EZ / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2011385,480461,431−75,9513.427%
2012368,438388,531−20,0933.427%
2013243,657271,029−27,3723.629%
2014280,743285,190−4,4473.230%
2015259,190256,4452,7453.725%
2016233,180244,496−11,3163.415%
2017269,479264,7414,7383.315%
2018243,062240,7292,3333.819%
2019228,122223,1934,9294.319%
202063,99792,714−28,7176.7
202132,91134,394−1,48317.6
202244,75041,0413,70915.8
202334,89535,340−44518.2

In its most recent public year (2023), this organization spent $445 more than it brought in. Its reserves stood at about 18.2 months of spending, up from 3.4 in 2011.

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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