Truth And Life Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 0 | 0 | 0 | — | — |
| 2016 | 7,500 | 9,559 | −2,059 | 13.4 | — |
| 2017 | 33,662 | 26,090 | 7,572 | 8.4 | — |
| 2018 | 97,151 | 70,248 | 26,903 | 7.7 | — |
| 2019 | 75,926 | 64,952 | 10,974 | 10.4 | — |
| 2020 | 38,812 | 45,198 | −6,386 | 13.2 | — |
| 2021 | 62,389 | 55,917 | 6,472 | 12.1 | — |
| 2022 | 51,706 | 73,061 | −21,355 | 5.7 | — |
| 2023 | 57,774 | 68,402 | −10,628 | 4.3 | — |
In its most recent public year (2023), this organization spent $10,628 more than it brought in. Its reserves stood at about 4.3 months 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
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