Hope Center Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,008,845 | 951,875 | 56,970 | 3.9 | 32% |
| 2012 | 1,162,752 | 1,201,539 | −38,787 | 2.7 | 34% |
| 2013 | 1,256,403 | 1,195,052 | 61,351 | 3.4 | 32% |
| 2014 | 1,590,077 | 1,593,813 | −3,736 | 2.5 | 36% |
| 2015 | 1,540,501 | 1,468,001 | 72,500 | 3.3 | 36% |
| 2016 | 1,859,042 | 1,510,413 | 348,629 | 5.9 | 40% |
| 2017 | 2,644,027 | 2,186,318 | 457,709 | 6.5 | 40% |
| 2018 | 3,917,941 | 2,940,628 | 977,313 | 8.8 | 40% |
| 2019 | 5,926,437 | 4,387,525 | 1,538,912 | 10.1 | 39% |
| 2020 | 8,018,959 | 5,593,039 | 2,425,920 | 13.1 | 41% |
| 2021 | 13,757,491 | 8,616,597 | 5,140,894 | 15.7 | 37% |
| 2022 | 21,072,891 | 14,267,935 | 6,804,956 | 15.2 | 34% |
In its most recent public year (2022), this organization brought in $6,804,956 more than it spent. Its reserves stood at about 15.2 months of spending, up from 3.9 in 2011. Staff pay was 34% of spending. $736,091 of its net assets are donor-restricted.
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
Hope Center Ministries's IRS filings as a feed — one entry per filing year, through 2022. 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