Free Life Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 466,442 | 447,640 | 18,802 | 10.8 | 34% |
| 2012 | 463,495 | 406,425 | 57,070 | 13.6 | 35% |
| 2013 | 412,174 | 406,622 | 5,552 | 13.8 | 36% |
| 2014 | 433,677 | 389,486 | 44,191 | 15.9 | 36% |
| 2015 | 415,079 | 421,295 | −6,216 | 14.5 | 37% |
| 2016 | 385,437 | 412,173 | −26,736 | 14.1 | 36% |
| 2017 | 3,069,989 | 396,986 | 2,673,003 | 95.4 | 39% |
| 2018 | 409,421 | 424,486 | −15,065 | 82.4 | 39% |
| 2019 | 472,822 | 511,140 | −38,318 | 73.6 | 35% |
| 2020 | 431,733 | 532,386 | −100,653 | 68.4 | 33% |
| 2021 | 472,286 | 558,709 | −86,423 | 67.0 | 33% |
| 2022 | 461,620 | 619,234 | −157,614 | 49.4 | 29% |
| 2023 | 356,880 | 535,853 | −178,973 | 56.2 | 34% |
In its most recent public year (2023), this organization spent $178,973 more than it brought in. Its reserves stood at about 56.2 months of spending, up from 10.8 in 2011. Staff pay was 34% 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
Free 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