Abundance Of Hope Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 191,605 | 99,655 | 91,950 | 0.0 | — |
| 2021 | 429,252 | 198,418 | 230,834 | 14.4 | 49% |
| 2022 | 95,411 | 321,876 | −226,465 | 0.4 | — |
In its most recent public year (2022), this organization spent $226,465 more than it brought in. Its reserves stood at about 0.4 months 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 2022. 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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