Place Of Hope In Haiti Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 297,954 | 553,243 | −255,289 | 27.5 | 0% |
| 2021 | 255,655 | 434,282 | −178,627 | 30.1 | 0% |
| 2022 | 240,528 | 416,239 | −175,711 | 26.4 | 20% |
| 2023 | 257,525 | 308,538 | −51,013 | 33.6 | 15% |
In its most recent public year (2023), this organization spent $51,013 more than it brought in. Its reserves stood at about 33.6 months of spending, up from 27.5 in 2020. Staff pay was 15% 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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