Good Life Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 0 | 0 | 0 | — | — |
| 2016 | 833,636 | 765,211 | 68,425 | 1.1 | 0% |
| 2017 | 686,345 | 443,383 | 242,962 | 8.4 | 0% |
| 2018 | 958,078 | 647,493 | 310,585 | 11.5 | 5% |
| 2019 | 949,682 | 805,612 | 144,070 | 11.4 | 5% |
| 2020 | 1,453,673 | 1,188,273 | 265,400 | 10.4 | 3% |
| 2021 | 1,391,481 | 965,036 | 426,445 | 18.1 | 5% |
| 2022 | 1,422,223 | 1,314,312 | 107,911 | 14.3 | 5% |
| 2023 | 1,626,898 | 1,479,025 | 147,873 | 13.9 | 6% |
In its most recent public year (2023), this organization brought in $147,873 more than it spent. Its reserves stood at about 13.9 months of spending. Staff pay was 6% of spending. $858,354 of its net assets are donor-restricted.
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
Good 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