Center Of Hope Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 972,982 | 265,608 | 707,374 | 126.7 | 58% |
| 2021 | 229,205 | 50,002 | 179,203 | 0.1 | 5% |
| 2022 | 901,570 | 502,622 | 398,948 | 9.3 | 0% |
| 2023 | 1,583,780 | 126,313 | 1,457,467 | 175.6 | 0% |
In its most recent public year (2023), this organization brought in $1,457,467 more than it spent. Its reserves stood at about 175.6 months of spending, up from 126.7 in 2020. Staff pay was 0% of spending. $1,244,492 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works