Foster Love Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 72,423 | 71,627 | 796 | 0.1 | — |
| 2022 | 180,968 | 155,513 | 25,455 | 3.8 | 33% |
| 2023 | 260,571 | 252,844 | 7,727 | 2.7 | 43% |
In its most recent public year (2023), this organization brought in $7,727 more than it spent. Its reserves stood at about 2.7 months of spending, up from 0.1 in 2021. Staff pay was 43% of spending. $2,000 of its net assets are donor-restricted.
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
Foster Love Ministries'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