Hope Ignited Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 72,234 | 52,580 | 19,654 | 4.5 | — |
| 2014 | 158,389 | 127,925 | 30,464 | 3.9 | — |
| 2015 | 148,824 | 167,835 | −19,011 | 1.6 | — |
| 2016 | 118,635 | 119,295 | −660 | 2.2 | — |
| 2017 | 253,671 | 242,236 | 11,435 | 1.7 | 9% |
| 2018 | 297,508 | 296,573 | 935 | 3.7 | 69% |
| 2019 | 561,101 | 284,561 | 276,540 | 15.5 | 73% |
| 2020 | 852,577 | 344,121 | 508,456 | 30.5 | 70% |
| 2021 | 1,782,674 | 230,666 | 1,552,008 | 126.3 | 82% |
| 2022 | 1,255,132 | 490,492 | 764,640 | 77.8 | 62% |
| 2023 | 1,087,871 | 499,097 | 588,774 | 90.6 | 60% |
In its most recent public year (2023), this organization brought in $588,774 more than it spent. Its reserves stood at about 90.6 months of spending, up from 4.5 in 2013. Staff pay was 60% of spending. $1,084 of its net assets are donor-restricted.
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
Hope Ignited Inc'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