The Ministry For Hope Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 4,064,414 | 4,201,334 | −136,920 | 6.4 | 47% |
| 2013 | 4,136,439 | 4,082,983 | 53,456 | 6.8 | 49% |
| 2014 | 4,218,327 | 4,357,820 | −139,493 | 6.1 | 48% |
| 2015 | 3,998,592 | 4,386,782 | −388,190 | 5.1 | 49% |
| 2016 | 5,639,668 | 4,695,483 | 944,185 | 7.4 | 48% |
| 2017 | 4,635,601 | 4,967,064 | −331,463 | 6.3 | 51% |
| 2018 | 4,773,132 | 5,125,311 | −352,179 | 5.4 | 50% |
| 2019 | 4,635,589 | 5,087,894 | −452,305 | 4.4 | 51% |
| 2020 | 6,102,354 | 5,149,435 | 952,919 | 6.3 | 51% |
| 2021 | 5,589,383 | 5,456,871 | 132,512 | 8.0 | 49% |
| 2022 | 7,131,985 | 5,372,110 | 1,759,875 | 12.1 | 48% |
| 2023 | 6,188,958 | 5,994,896 | 194,062 | 11.0 | 49% |
| 2024 | 5,570,439 | 5,803,660 | −233,221 | 11.1 | 55% |
In its most recent public year (2024), this organization spent $233,221 more than it brought in. Its reserves stood at about 11.1 months of spending, up from 6.4 in 2012. Staff pay was 55% of spending. $2,507,662 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 2024. 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
The Ministry For Hope Inc's IRS filings as a feed — one entry per filing year, through 2024. 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