Prayer Of Hope
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 71,869 | 85,536 | −13,667 | 2.0 | — |
| 2015 | 57,497 | 56,036 | 1,461 | 3.4 | — |
| 2016 | 45,484 | 47,833 | −2,349 | 3.4 | — |
| 2017 | 34,524 | 32,406 | 2,118 | 5.8 | — |
| 2018 | 30,491 | 27,606 | 2,885 | 8.0 | — |
| 2019 | 48,860 | 43,094 | 5,766 | 6.7 | — |
| 2020 | 21,060 | 21,161 | −101 | 13.7 | — |
| 2021 | 15,137 | 13,664 | 1,473 | 22.5 | — |
| 2022 | 34,712 | 15,242 | 19,470 | 35.5 | — |
In its most recent public year (2022), this organization brought in $19,470 more than it spent. Its reserves stood at about 35.5 months of spending, up from 2 in 2014.
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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