Magdalene Hope Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2009 | 2,971 | 2,714 | 257 | 1.1 | — |
| 2011 | 12,343 | 12,656 | −313 | 0.0 | — |
| 2012 | 5,060 | 5,064 | −4 | 0.0 | — |
| 2013 | 32,317 | 31,659 | 658 | 0.3 | — |
| 2014 | 82,354 | 72,018 | 10,336 | 1.8 | — |
| 2015 | 110,856 | 97,886 | 12,970 | 2.9 | — |
| 2016 | 143,977 | 139,933 | 4,044 | 2.4 | — |
| 2017 | 268,880 | 251,906 | 16,974 | 2.1 | 29% |
| 2018 | 247,393 | 254,799 | −7,406 | 1.8 | 13% |
| 2019 | 120,469 | 109,476 | 10,993 | 5.3 | — |
| 2020 | 134,368 | 139,748 | −5,380 | 3.7 | — |
| 2021 | 157,567 | 157,443 | 124 | 3.3 | — |
| 2022 | 148,148 | 195,699 | −47,551 | 11.6 | — |
| 2023 | 151,701 | 226,299 | −74,598 | 6.1 | — |
In its most recent public year (2023), this organization spent $74,598 more than it brought in. Its reserves stood at about 6.1 months of spending, up from 1.1 in 2009.
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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