Hands Of Hope Resources For Homeless Families
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 397,886 | 368,795 | 29,091 | 9.2 | 65% |
| 2021 | 591,564 | 556,729 | 34,835 | 6.9 | 69% |
| 2022 | 788,678 | 648,159 | 140,519 | 8.5 | 72% |
| 2023 | 1,053,582 | 836,349 | 217,233 | 9.6 | 70% |
In its most recent public year (2023), this organization brought in $217,233 more than it spent. Its reserves stood at about 9.6 months of spending. Staff pay was 70% 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 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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