Beacon Of Hope Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 270,940 | 202,621 | 68,319 | 4.0 | 0% |
| 2011 | 320,724 | 263,846 | 56,878 | 5.7 | 27% |
| 2012 | 681,030 | 311,295 | 369,735 | 19.1 | 40% |
| 2013 | 535,829 | 311,877 | 223,952 | 27.7 | 41% |
| 2014 | 569,917 | 490,457 | 79,460 | 19.5 | 29% |
| 2015 | 632,996 | 597,468 | 35,528 | 16.8 | 30% |
| 2016 | 585,303 | 520,244 | 65,059 | 20.7 | 34% |
| 2017 | 729,252 | 683,093 | 46,159 | 16.6 | 32% |
| 2019 | 628,576 | 635,136 | −6,560 | 18.2 | 38% |
| 2020 | 630,790 | 532,439 | 98,351 | 23.9 | 41% |
| 2021 | 757,331 | 556,449 | 200,882 | 27.2 | 49% |
| 2022 | 672,566 | 715,772 | −43,206 | 20.4 | 46% |
| 2023 | 755,142 | 754,557 | 585 | 19.4 | 46% |
In its most recent public year (2023), this organization brought in $585 more than it spent. Its reserves stood at about 19.4 months of spending, up from 4 in 2010. Staff pay was 46% 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
Beacon Of Hope Ministries's IRS filings as a feed — one entry per filing year, through 2023. 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