Living Hope Church
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 667,850 | 593,144 | 74,706 | 22.2 | 48% |
| 2021 | 572,135 | 535,838 | 36,297 | 25.3 | 50% |
| 2022 | 560,562 | 592,159 | −31,597 | 22.2 | 44% |
| 2023 | 555,681 | 637,126 | −81,445 | 18.7 | 47% |
In its most recent public year (2023), this organization spent $81,445 more than it brought in. Its reserves stood at about 18.7 months of spending, down from 22.2 in 2020. Staff pay was 47% 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