New Life Global Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 148,685 | 120,970 | 27,715 | 7.7 | — |
| 2018 | 241,827 | 183,385 | 58,442 | 8.9 | 52% |
| 2019 | 236,056 | 214,756 | 21,300 | 7.0 | 34% |
| 2020 | 273,630 | 227,010 | 46,620 | 9.3 | 41% |
| 2021 | 314,988 | 300,375 | 14,613 | 8.7 | 35% |
| 2022 | 392,703 | 379,800 | 12,903 | 7.6 | 28% |
| 2023 | 418,087 | 371,600 | 46,487 | 8.7 | 30% |
In its most recent public year (2023), this organization brought in $46,487 more than it spent. Its reserves stood at about 8.7 months of spending. Staff pay was 30% 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 Global Ministries Inc'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