Spring Of Hope Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 171,472 | 157,996 | 13,476 | 16.7 | — |
| 2012 | 126,551 | 187,320 | −60,769 | 10.2 | — |
| 2013 | 246,784 | 278,676 | −31,892 | 5.5 | 15% |
| 2014 | 263,281 | 163,599 | 99,682 | 16.6 | 10% |
| 2015 | 204,275 | 157,145 | 47,130 | 20.9 | 5% |
| 2016 | 83,747 | 129,985 | −46,238 | 21.0 | — |
| 2017 | 38,384 | 30,833 | 7,551 | 91.4 | — |
| 2018 | 64,669 | 24,638 | 40,031 | 133.8 | 0% |
| 2019 | 21,867 | 43,808 | −21,941 | 69.3 | — |
| 2020 | 18,629 | 37,901 | −19,272 | 73.9 | — |
In its most recent public year (2020), this organization spent $19,272 more than it brought in. Its reserves stood at about 73.9 months of spending, up from 16.7 in 2011.
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 2020. 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
Spring Of Hope Ministries Inc's IRS filings as a feed — one entry per filing year, through 2020. 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