Hopes Outlet Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,290,426 | 1,221,627 | 68,799 | 1.2 | 50% |
| 2021 | 1,514,646 | 1,403,168 | 111,478 | 2.0 | 53% |
| 2022 | 1,672,678 | 1,514,403 | 158,275 | 3.1 | 50% |
In its most recent public year (2022), this organization brought in $158,275 more than it spent. Its reserves stood at about 3.1 months of spending, up from 1.2 in 2020. Staff pay was 50% 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
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