48
New Life Ministries
Religion · Plano, Texas
500 N Central Expy Ste 105, Plano, TX 75074-6810
EIN: 752785010· Founded: Jun 1999· 27 years active· Filing Year: 2023
Annual Revenue
$8.5M
Total Expenses
$8.7M
Total Assets
$1.7M
Program Spending
28%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$742K
8.5% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$2.0M
Total Payroll
$2.7M
31% of total expenses
Where the Money Goes
28%
Programs: 28%
Payroll: 31%
Other overhead: 72%
Program Revenue$2.4M (29%)
Total Expenses$8.7M (100%)
Payroll$2.7M (31%)
Overhead (non-program)72%
Trust Score Breakdown
Program Spending Ratio
28% of expenses go to programs
Revenue & Stability
$8.5M annual revenue
Executive Compensation
$742K total officer comp (8.5% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$1.7M in assets
Similar Religion Nonprofits in Texas
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.