Hope Of The World Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,840,537 | 4,375,111 | 465,426 | 25.9 | 13% |
| 2021 | 5,479,130 | 2,758,985 | 2,720,145 | 52.9 | 25% |
| 2022 | 4,734,634 | 2,817,129 | 1,917,505 | 60.0 | 31% |
| 2023 | 5,832,948 | 2,747,942 | 3,085,006 | 74.9 | 28% |
In its most recent public year (2023), this organization brought in $3,085,006 more than it spent. Its reserves stood at about 74.9 months of spending, up from 25.9 in 2020. Staff pay was 28% 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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