Generous Life Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 708,637 | 681,295 | 27,342 | 0.5 | 49% |
| 2019 | 1,011,231 | 1,034,290 | −23,059 | 0.0 | 43% |
| 2020 | 783,757 | 865,709 | −81,952 | -1.1 | 51% |
| 2021 | 820,466 | 832,644 | −12,178 | -1.3 | 47% |
In its most recent public year (2021), this organization spent $12,178 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.3 months), down from 0.5 in 2018. Staff pay was 47% 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 2021. 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
Generous Life Inc's IRS filings as a feed — one entry per filing year, through 2021. 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