First Love Ministries Usa
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 354,500 | 340,267 | 14,233 | 1.0 | 0% |
| 2012 | 354,836 | 293,623 | 61,213 | 3.6 | 0% |
| 2013 | 543,893 | 557,917 | −14,024 | 1.6 | 0% |
| 2014 | 660,371 | 667,704 | −7,333 | 1.2 | 0% |
| 2015 | 628,717 | 619,665 | 9,052 | 1.5 | 0% |
| 2016 | 624,909 | 658,126 | −33,217 | 0.8 | 0% |
| 2017 | 591,610 | 589,507 | 2,103 | 0.9 | 0% |
| 2018 | 682,754 | 692,415 | −9,661 | 0.6 | 0% |
| 2019 | 801,271 | 799,817 | 1,454 | 0.6 | 3% |
| 2020 | 912,460 | 889,898 | 22,562 | 0.8 | 9% |
| 2021 | 1,145,826 | 1,108,550 | 37,276 | 1.1 | 8% |
| 2022 | 974,550 | 1,004,875 | −30,325 | 0.8 | 1% |
| 2023 | 849,874 | 847,514 | 2,360 | 1.0 | 0% |
In its most recent public year (2023), this organization brought in $2,360 more than it spent. Its reserves stood at about 1 months of spending. Staff pay was 0% 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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