Holding On To Hope Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 91,743 | 94,195 | −2,452 | 6.1 | — |
| 2013 | 171,868 | 177,066 | −5,198 | 2.9 | — |
| 2014 | 68,018 | 64,890 | 3,128 | 3.8 | — |
| 2015 | 54,815 | 50,331 | 4,484 | 4.8 | — |
| 2016 | 49,885 | 55,000 | −5,115 | 4.8 | — |
| 2017 | 47,635 | 22,336 | 25,299 | 5.5 | — |
| 2018 | 49,707 | 22,786 | 26,921 | 6.3 | — |
| 2019 | 22,046 | 25,242 | −3,196 | 2.3 | — |
| 2020 | 22,046 | 25,242 | −3,196 | 2.3 | — |
| 2021 | 47,770 | 9,056 | 38,714 | 77.3 | — |
In its most recent public year (2021), this organization brought in $38,714 more than it spent. Its reserves stood at about 77.3 months of spending, up from 6.1 in 2012.
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 2021. 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
Holding On To Hope Ministries Inc's IRS filings as a feed — one entry per filing year, through 2021. 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