Children Of Hope And Faith
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 200,098 | 195,971 | 4,127 | 3.6 | 0% |
| 2020 | 193,711 | 192,905 | 806 | 3.7 | 0% |
| 2021 | 250,520 | 224,551 | 25,969 | 4.6 | 0% |
| 2022 | 240,186 | 232,105 | 8,081 | 4.8 | 0% |
| 2023 | 193,499 | 209,812 | −16,313 | 4.4 | — |
In its most recent public year (2023), this organization spent $16,313 more than it brought in. Its reserves stood at about 4.4 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
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