Wells Of Hope Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 4,958 | 0 | 4,958 | — | — |
| 2015 | 12,795 | 0 | 12,795 | — | — |
| 2016 | 12,774 | 12,977 | −203 | 0.3 | 0% |
| 2017 | 12,131 | 10,453 | 1,678 | 1.6 | 0% |
| 2018 | 14,426 | 0 | 14,426 | — | — |
| 2019 | 6,447 | 4,324 | 2,123 | 13.6 | — |
| 2020 | 2,183 | 2,184 | −1 | 26.8 | — |
| 2021 | 8,405 | 7,646 | 759 | 1.2 | — |
| 2022 | 13,233 | 12,136 | 1,097 | 1.8 | — |
In its most recent public year (2022), this organization brought in $1,097 more than it spent. Its reserves stood at about 1.8 months 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 2022. 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
Wells Of Hope Ministries Inc's IRS filings as a feed — one entry per filing year, through 2022. 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