Hope & Passion Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 60,984 | 44,533 | 16,451 | 31.6 | — |
| 2020 | 145,299 | 70,121 | 75,178 | 32.6 | — |
| 2021 | 213,375 | 99,567 | 113,808 | 25.0 | 85% |
| 2022 | 311,339 | 140,070 | 171,269 | 28.6 | 84% |
| 2023 | 322,080 | 163,943 | 158,137 | 34.1 | 86% |
In its most recent public year (2023), this organization brought in $158,137 more than it spent. Its reserves stood at about 34.1 months of spending, up from 31.6 in 2019. Staff pay was 86% 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
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