Renewing Hope Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 29,208 | 18,148 | 11,060 | 7.3 | — |
| 2013 | 67,813 | 60,150 | 7,663 | 1.5 | — |
| 2014 | 80,050 | 82,792 | −2,742 | 0.7 | — |
| 2015 | 83,229 | 85,627 | −2,398 | 0.7 | — |
| 2016 | 68,106 | 70,359 | −2,253 | 0.1 | — |
| 2017 | 166,231 | 163,950 | 2,281 | 0.0 | — |
| 2018 | 190,901 | 188,107 | 2,794 | 0.2 | — |
| 2019 | 166,957 | 147,629 | 19,328 | 1.6 | — |
| 2020 | 191,212 | 186,651 | 4,561 | 11.4 | — |
| 2021 | 105,397 | 121,894 | −16,497 | 10.9 | — |
| 2022 | 113,407 | 113,706 | −299 | 11.6 | — |
| 2023 | 112,028 | 110,355 | 1,673 | 12.2 | — |
In its most recent public year (2023), this organization brought in $1,673 more than it spent. Its reserves stood at about 12.2 months of spending, up from 7.3 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 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
Renewing Hope Ministries'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