Love Never Fails International Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 213,828 | 242,900 | −29,072 | 18.1 | 70% |
| 2021 | 412,511 | 318,015 | 94,496 | 17.4 | 72% |
| 2022 | 595,724 | 437,235 | 158,489 | 17.0 | 68% |
| 2023 | 547,378 | 505,497 | 41,881 | 15.7 | 70% |
In its most recent public year (2023), this organization brought in $41,881 more than it spent. Its reserves stood at about 15.7 months of spending, down from 18.1 in 2020. Staff pay was 70% 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
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