Star Of Hope Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 454,726 | 503,619 | −48,893 | 12.9 | 59% |
| 2012 | 423,121 | 511,327 | −88,206 | 10.9 | 58% |
| 2013 | 555,897 | 520,066 | 35,831 | 11.7 | 57% |
| 2014 | 1,468,243 | 1,473,415 | −5,172 | 4.1 | 28% |
| 2015 | 1,373,232 | 1,367,767 | 5,465 | 4.5 | 32% |
| 2016 | 1,355,982 | 1,462,228 | −106,246 | 3.3 | 35% |
| 2017 | 1,448,936 | 1,470,404 | −21,468 | 3.1 | 30% |
| 2018 | 1,430,628 | 1,487,332 | −56,704 | 2.6 | 32% |
| 2019 | 1,895,911 | 1,787,535 | 108,376 | 2.9 | 29% |
| 2020 | 2,240,713 | 2,006,274 | 234,439 | 4.0 | 28% |
| 2021 | 2,042,128 | 2,014,262 | 27,866 | 4.1 | 32% |
In its most recent public year (2021), this organization brought in $27,866 more than it spent. Its reserves stood at about 4.1 months of spending, down from 12.9 in 2011. Staff pay was 32% of spending. $5,429 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 2021. 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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