Vision Hope Community Development Corporation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 61,678 | 23,297 | 38,381 | 47.7 | 0% |
| 2021 | 143,346 | 110,934 | 32,412 | 13.5 | 0% |
| 2022 | 69,518 | 146,985 | −77,467 | 3.9 | 0% |
| 2023 | 230,543 | 145,347 | 85,196 | 11.0 | 8% |
In its most recent public year (2023), this organization brought in $85,196 more than it spent. Its reserves stood at about 11 months of spending, down from 47.7 in 2020. Staff pay was 8% 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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