Glory Hope & Life Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 269,731 | 222,188 | 47,543 | 39.7 | 0% |
| 2021 | 414,251 | 167,158 | 247,093 | 71.8 | 0% |
| 2022 | 389,382 | 347,603 | 41,779 | 32.5 | 0% |
| 2023 | 353,537 | 374,013 | −20,476 | 30.9 | 0% |
In its most recent public year (2023), this organization spent $20,476 more than it brought in. Its reserves stood at about 30.9 months of spending, down from 39.7 in 2020. Staff pay was 0% 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
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