Love Never Fails Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 147,962 | 138,208 | 9,754 | 3.1 | — |
| 2012 | 226,323 | 164,107 | 62,216 | 7.1 | 38% |
| 2013 | 125,323 | 130,678 | −5,355 | 8.1 | 42% |
| 2014 | 121,019 | 101,416 | 19,603 | 12.8 | — |
| 2015 | 121,246 | 133,200 | −11,954 | 12.0 | — |
| 2016 | 120,909 | 94,555 | 26,354 | 19.5 | — |
| 2017 | 102,292 | 121,475 | −19,183 | 13.3 | — |
| 2018 | 79,194 | 112,583 | −33,389 | 9.5 | — |
| 2019 | 63,764 | 76,156 | −12,392 | 12.5 | — |
| 2020 | 92,185 | 72,644 | 19,541 | 16.3 | — |
| 2021 | 91,995 | 79,858 | 12,137 | 16.7 | — |
| 2022 | 107,698 | 95,651 | 12,047 | 15.4 | — |
| 2023 | 67,242 | 114,083 | −46,841 | 8.0 | — |
In its most recent public year (2023), this organization spent $46,841 more than it brought in. Its reserves stood at about 8 months of spending, up from 3.1 in 2011.
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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