New Life Island
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 0 | 0 | 0 | — | — |
| 2019 | 305,833 | 268,727 | 37,106 | 4.6 | 45% |
| 2020 | 242,972 | 224,628 | 18,344 | 6.5 | 47% |
| 2021 | 345,404 | 300,293 | 45,111 | 6.6 | 44% |
| 2022 | 384,860 | 375,548 | 9,312 | 5.6 | 37% |
| 2023 | 416,547 | 400,842 | 15,705 | 5.7 | 43% |
In its most recent public year (2023), this organization brought in $15,705 more than it spent. Its reserves stood at about 5.7 months of spending. Staff pay was 43% 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 Island'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