Newlife Ethiopia
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 371,906 | 247,486 | 124,420 | 6.9 | 32% |
| 2018 | 330,226 | 266,412 | 63,814 | 9.3 | 18% |
| 2019 | 344,591 | 275,485 | 69,106 | 12.0 | 28% |
| 2020 | 345,686 | 319,715 | 25,971 | 11.3 | 7% |
| 2021 | 480,876 | 386,899 | 93,977 | 12.3 | 5% |
| 2022 | 448,292 | 451,703 | −3,411 | 10.4 | 11% |
| 2023 | 504,161 | 446,687 | 57,474 | 12.1 | 9% |
In its most recent public year (2023), this organization brought in $57,474 more than it spent. Its reserves stood at about 12.1 months of spending, up from 6.9 in 2017. Staff pay was 9% 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
Newlife Ethiopia'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