New Life Institute Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 172,684 | 159,241 | 13,443 | 1.3 | — |
| 2012 | 165,614 | 163,209 | 2,405 | 1.5 | — |
| 2013 | 178,840 | 197,844 | −19,004 | 0.1 | — |
| 2014 | 223,447 | 223,179 | 268 | -0.0 | 89% |
| 2015 | 282,066 | 260,866 | 21,200 | 1.0 | 89% |
| 2016 | 259,749 | 249,378 | 10,371 | 1.5 | 15% |
| 2017 | 259,749 | 249,378 | 10,371 | 1.5 | 15% |
| 2018 | 207,264 | 225,209 | −17,945 | 1.0 | 24% |
| 2019 | 185,842 | 193,870 | −8,028 | 0.7 | 23% |
| 2020 | 225,330 | 200,733 | 24,597 | 2.1 | 17% |
| 2021 | 177,927 | 172,645 | 5,282 | 2.8 | 18% |
| 2022 | 115,352 | 137,310 | −21,958 | 1.7 | 22% |
| 2023 | 76,440 | 92,561 | −16,121 | 0.0 | 32% |
In its most recent public year (2023), this organization spent $16,121 more than it brought in. Its reserves stood at about 0 months of spending, down from 1.3 in 2011. Staff pay was 32% 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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