Hope And Life Outreach Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 661,677 | 702,623 | −40,946 | 6.2 | 15% |
| 2012 | 494,201 | 491,066 | 3,135 | 9.0 | 23% |
| 2013 | 572,917 | 538,161 | 34,756 | 9.0 | 27% |
| 2014 | 776,655 | 582,657 | 193,998 | 12.3 | 33% |
| 2015 | 834,451 | 771,452 | 62,999 | 10.3 | 35% |
| 2016 | 947,156 | 846,036 | 101,120 | 10.8 | 40% |
| 2017 | 897,991 | 1,065,133 | −167,142 | 6.7 | 45% |
| 2018 | 895,669 | 1,018,592 | −122,923 | 5.5 | 47% |
| 2019 | 1,780,455 | 1,156,842 | 623,613 | 11.4 | 50% |
| 2020 | 1,511,144 | 1,272,729 | 238,415 | 12.6 | 4% |
| 2021 | 2,015,841 | 1,535,748 | 480,093 | 14.2 | 56% |
| 2022 | 1,792,648 | 1,738,946 | 53,702 | 12.9 | 57% |
| 2023 | 1,983,559 | 1,940,532 | 43,027 | 11.8 | 58% |
In its most recent public year (2023), this organization brought in $43,027 more than it spent. Its reserves stood at about 11.8 months of spending, up from 6.2 in 2011. Staff pay was 58% 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
Hope And Life Outreach Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works