Sing For Hope Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,104,385 | 1,100,402 | 3,983 | 7.3 | 36% |
| 2012 | 163,034 | 324,957 | −161,923 | 18.6 | 52% |
| 2013 | 2,976,927 | 1,443,236 | 1,533,691 | 16.9 | 33% |
| 2014 | 486,940 | 837,533 | −350,593 | 24.2 | 51% |
| 2015 | 932,204 | 982,783 | −50,579 | 20.0 | 53% |
| 2016 | 670,588 | 1,153,524 | −482,936 | 12.0 | 46% |
| 2017 | 1,260,548 | 1,318,584 | −58,036 | 10.0 | 42% |
| 2018 | 2,975,125 | 1,553,488 | 1,421,637 | 19.4 | 40% |
| 2019 | 2,985,916 | 1,939,574 | 1,046,342 | 22.0 | 48% |
| 2020 | 930,676 | 1,757,025 | −826,349 | 18.7 | 54% |
| 2021 | 1,889,471 | 2,078,314 | −188,843 | 14.7 | 38% |
| 2022 | 6,639,401 | 2,068,863 | 4,570,538 | 41.3 | 39% |
| 2023 | 2,703,652 | 2,805,915 | −102,263 | 30.0 | 34% |
In its most recent public year (2023), this organization spent $102,263 more than it brought in. Its reserves stood at about 30 months of spending, up from 7.3 in 2011. Staff pay was 34% of spending. $5,411,434 of its net assets are donor-restricted.
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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