Thehopeline Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,863,471 | 1,487,910 | 375,561 | 8.5 | 50% |
| 2021 | 2,662,133 | 1,692,347 | 969,786 | 14.4 | 44% |
| 2022 | 3,488,147 | 2,134,443 | 1,353,704 | 19.0 | 43% |
| 2023 | 1,704,750 | 2,268,297 | −563,547 | 14.9 | 48% |
In its most recent public year (2023), this organization spent $563,547 more than it brought in. Its reserves stood at about 14.9 months of spending, up from 8.5 in 2020. Staff pay was 48% of spending. $18,335 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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