Hope Chest Scholarship Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 80,521 | 64,529 | 15,992 | 21.1 | 0% |
| 2012 | 95,549 | 69,335 | 26,214 | 24.2 | 0% |
| 2013 | 54,251 | 71,023 | −16,772 | 20.8 | 0% |
| 2014 | 67,262 | 51,151 | 16,111 | 32.6 | 0% |
| 2015 | 57,250 | 61,686 | −4,436 | 26.2 | 0% |
| 2016 | 42,675 | 88,409 | −45,734 | 12.1 | 0% |
| 2017 | 60,043 | 60,032 | 11 | 17.8 | 0% |
| 2019 | 107,711 | 68,960 | 38,751 | 25.6 | 0% |
| 2020 | 78,156 | 44,123 | 34,033 | 49.3 | 0% |
| 2021 | 107,240 | 78,980 | 28,260 | 27.6 | 0% |
| 2022 | 117,414 | 62,862 | 54,552 | 45.0 | 0% |
| 2023 | 140,123 | 44,877 | 95,246 | 88.6 | 0% |
In its most recent public year (2023), this organization brought in $95,246 more than it spent. Its reserves stood at about 88.6 months of spending, up from 21.1 in 2011. Staff pay was 0% 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
Hope Chest Scholarship Foundation's IRS filings as a feed — one entry per filing year, through 2023. 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