New Life Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 18,385 | 18,234 | 151 | 0.1 | — |
| 2013 | 26,089 | 25,235 | 854 | 0.3 | — |
| 2014 | 6,227 | 4,145 | 2,082 | 7.9 | — |
| 2015 | 29,235 | 24,682 | 4,553 | 2.5 | — |
| 2016 | 27,813 | 30,025 | −2,212 | 2.0 | — |
| 2017 | 35,515 | 32,042 | 3,473 | 3.2 | — |
| 2018 | 50,033 | 31,046 | 18,987 | 10.6 | — |
| 2019 | 25,370 | 36,663 | −11,293 | 5.3 | — |
| 2020 | 48,600 | 41,648 | 6,952 | 6.7 | — |
| 2022 | 44,807 | 40,535 | 4,272 | 4.5 | — |
In its most recent public year (2022), this organization brought in $4,272 more than it spent. Its reserves stood at about 4.5 months of spending, up from 0.1 in 2012.
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 2022. 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 Ministries's IRS filings as a feed — one entry per filing year, through 2022. 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