Hope Community Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 6,139,621 | 6,831,765 | −692,144 | 13.8 | 57% |
| 2021 | 9,079,771 | 7,972,558 | 1,107,213 | 60.7 | 54% |
| 2022 | 10,141,121 | 9,045,172 | 1,095,949 | 58.5 | 54% |
| 2023 | 6,692,308 | 9,576,113 | −2,883,805 | 50.1 | 49% |
In its most recent public year (2023), this organization spent $2,883,805 more than it brought in. Its reserves stood at about 50.1 months of spending, up from 13.8 in 2020. Staff pay was 49% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works