The Tower Of Hope Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 670,733 | 428,846 | 241,887 | 17.9 | 16% |
| 2012 | 313,267 | 333,901 | −20,634 | 22.3 | 25% |
| 2013 | 52,759 | 182,277 | −129,518 | 32.2 | 30% |
| 2014 | 92,629 | 25,835 | 66,794 | 258.6 | 0% |
| 2015 | 98,437 | 105,047 | −6,610 | 62.8 | 0% |
| 2016 | 111,852 | 94,027 | 17,825 | 72.5 | 0% |
| 2017 | 149,092 | 51,551 | 97,541 | 154.9 | 0% |
| 2018 | 198,583 | 111,118 | 87,465 | 81.3 | 0% |
| 2019 | 221,631 | 219,236 | 2,395 | 41.3 | 0% |
| 2020 | 2,786 | 151,261 | −148,475 | 48.1 | 0% |
| 2021 | 185,798 | 168,419 | 17,379 | 44.5 | 0% |
| 2022 | 340 | 131,758 | −131,418 | 44.9 | 0% |
| 2023 | 1,474 | 180,620 | −179,146 | 20.8 | 0% |
In its most recent public year (2023), this organization spent $179,146 more than it brought in. Its reserves stood at about 20.8 months of spending, up from 17.9 in 2011. Staff pay was 0% 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
The Tower Of Hope Inc's IRS filings as a feed — one entry per filing year, through 2023. 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