Love & Hope Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 163,749 | 227,392 | −63,643 | 3.0 | — |
| 2012 | 190,218 | 141,546 | 48,672 | 8.9 | — |
| 2013 | 175,224 | 156,554 | 18,670 | 14.1 | — |
| 2014 | 196,870 | 193,524 | 3,346 | 11.6 | — |
| 2015 | 275,012 | 236,768 | 38,244 | 11.4 | 0% |
| 2016 | 480,485 | 407,661 | 72,824 | 6.5 | 0% |
| 2017 | 455,418 | 368,506 | 86,912 | 10.1 | 0% |
| 2018 | 964,429 | 746,940 | 217,489 | 8.5 | 0% |
| 2019 | 962,219 | 1,052,758 | −90,539 | 5.0 | 0% |
| 2020 | 914,173 | 402,857 | 511,316 | 19.3 | 0% |
| 2021 | 846,778 | 461,873 | 384,905 | 16.9 | 0% |
| 2022 | 1,495,336 | 1,673,406 | −178,070 | 5.7 | 0% |
| 2023 | 1,891,148 | 2,633,964 | −742,816 | 0.3 | 0% |
In its most recent public year (2023), this organization spent $742,816 more than it brought in. Its reserves stood at about 0.3 months of spending, down from 3 in 2011. 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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