Gospel Tlc Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 55,769 | 23,412 | 32,357 | 29.4 | — |
| 2021 | 442,733 | 63,871 | 378,862 | 82.0 | 80% |
| 2022 | 818,496 | 120,226 | 698,270 | 113.2 | 54% |
| 2023 | 280,515 | 245,639 | 34,876 | 57.1 | 45% |
In its most recent public year (2023), this organization brought in $34,876 more than it spent. Its reserves stood at about 57.1 months of spending, up from 29.4 in 2020. Staff pay was 45% 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
Gospel Tlc 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