Beacon Of Hope Foundation-Ph
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 42,700 | 49,362 | −6,662 | 8.1 | — |
| 2020 | 67,800 | 48,651 | 19,149 | 3.4 | — |
| 2022 | 61,400 | 74,751 | −13,351 | 2.9 | — |
| 2023 | 75,600 | 88,044 | −12,444 | 0.8 | — |
In its most recent public year (2023), this organization spent $12,444 more than it brought in. Its reserves stood at about 0.8 months of spending, down from 8.1 in 2019.
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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