New Life Holding Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 0 | 837,088 | −837,088 | 469.4 | 0% |
| 2018 | 34,387 | 1,091,518 | −1,057,131 | 541.4 | 0% |
| 2019 | 31,682 | 2,455,903 | −2,424,221 | 500.0 | 0% |
| 2020 | 16,564,583 | 3,548,616 | 13,015,967 | 390.0 | 0% |
| 2021 | 1,723,190 | 5,532,405 | −3,809,215 | 241.9 | 0% |
| 2022 | 10,327 | 3,890,099 | −3,879,772 | 332.1 | 0% |
| 2023 | 14,400 | 4,503,053 | −4,488,653 | 274.9 | 0% |
In its most recent public year (2023), this organization spent $4,488,653 more than it brought in. Its reserves stood at about 274.9 months of spending, down from 469.4 in 2017. 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
New Life Holding Corporation'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