New Life Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 79,420 | 130,477 | −51,057 | 98.6 | 47% |
| 2012 | 65,395 | 125,509 | −60,114 | 94.6 | 47% |
| 2013 | 167,318 | 176,064 | −8,746 | 66.4 | 38% |
| 2014 | 135,192 | 178,793 | −43,601 | 62.5 | 30% |
| 2015 | 155,812 | 191,174 | −35,362 | 56.2 | 28% |
| 2016 | 181,029 | 220,269 | −39,240 | 46.7 | 35% |
| 2017 | 154,337 | 194,983 | −40,646 | 50.2 | 34% |
| 2018 | 109,067 | 149,432 | −40,365 | 62.2 | 31% |
| 2019 | 109,955 | 118,040 | −8,085 | 77.9 | 20% |
| 2020 | 99,486 | 111,349 | −11,863 | 81.3 | 23% |
| 2021 | 854,604 | 100,391 | 754,213 | 180.5 | 27% |
| 2022 | 89,626 | 106,963 | −17,337 | 165.4 | 43% |
| 2023 | 110,136 | 109,568 | 568 | 161.6 | 38% |
In its most recent public year (2023), this organization brought in $568 more than it spent. Its reserves stood at about 161.6 months of spending, up from 98.6 in 2011. Staff pay was 38% 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 Foundation'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