Life Of Hope
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 156,274 | 153,259 | 3,015 | 0.3 | — |
| 2020 | 194,323 | 154,596 | 39,727 | 3.4 | — |
| 2021 | 91,002 | 109,611 | −18,609 | 2.8 | — |
| 2022 | 530,232 | 378,888 | 151,344 | 5.6 | 31% |
| 2023 | 527,060 | 581,109 | −54,049 | 2.1 | 39% |
In its most recent public year (2023), this organization spent $54,049 more than it brought in. Its reserves stood at about 2.1 months of spending, up from 0.3 in 2019. Staff pay was 39% 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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