Anchor Of Hope Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 68,479 | 64,435 | 4,044 | 1.4 | — |
| 2017 | 55,117 | 53,542 | 1,575 | 2.1 | — |
| 2018 | 70,074 | 61,413 | 8,661 | 3.7 | — |
| 2019 | 89,099 | 71,249 | 17,850 | 6.2 | — |
| 2020 | 101,128 | 73,231 | 27,897 | 10.6 | — |
| 2021 | 84,903 | 82,865 | 2,038 | 9.1 | — |
| 2022 | 65,582 | 85,277 | −19,695 | 6.2 | — |
In its most recent public year (2022), this organization spent $19,695 more than it brought in. Its reserves stood at about 6.2 months of spending, up from 1.4 in 2016.
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
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