Hope Ignites Pittsburgh
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 2,135,868 | 1,135,137 | 1,000,731 | 93.6 | 41% |
| 2022 | 1,398,529 | 989,771 | 408,758 | 94.7 | 43% |
| 2023 | 1,185,418 | 1,162,328 | 23,090 | 82.5 | 44% |
In its most recent public year (2023), this organization brought in $23,090 more than it spent. Its reserves stood at about 82.5 months of spending, down from 93.6 in 2021. Staff pay was 44% of spending. $1,842,732 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 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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