Beacon Of Hope Outreach
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 89,500 | 104,901 | −15,401 | 0.8 | — |
| 2016 | 348,000 | 359,121 | −11,121 | -0.3 | 2% |
| 2017 | 226,400 | 233,645 | −7,245 | -0.4 | 3% |
| 2018 | 265,000 | 233,595 | 31,405 | 1.6 | 3% |
| 2019 | 272,200 | 274,000 | −1,800 | 0.9 | 1% |
| 2020 | 36,000 | 53,286 | −17,286 | -5.0 | 3% |
| 2021 | 91,800 | 82,843 | 8,957 | 1.3 | — |
| 2022 | 199,948 | 53,580 | 146,368 | 34.8 | — |
| 2023 | 13,808 | 13,856 | −48 | 0.4 | — |
In its most recent public year (2023), this organization spent $48 more than it brought in. Its reserves stood at about 0.4 months 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
Beacon Of Hope Outreach'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