Shining Hope For Communities Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,380,566 | 488,656 | 891,910 | 34.1 | 43% |
| 2012 | 1,712,636 | 974,873 | 737,763 | 26.2 | 50% |
| 2013 | 2,341,520 | 1,135,800 | 1,205,720 | 35.2 | 52% |
| 2014 | 3,567,788 | 1,905,856 | 1,661,932 | 31.4 | 52% |
| 2015 | 6,281,044 | 2,904,918 | 3,376,126 | 34.6 | 43% |
| 2016 | 5,809,142 | 4,144,912 | 1,664,230 | 29.1 | 46% |
| 2017 | 7,412,866 | 5,691,542 | 1,721,324 | 24.8 | 45% |
| 2018 | 9,028,175 | 6,832,015 | 2,196,160 | 24.5 | 46% |
| 2019 | 8,494,065 | 6,062,584 | 2,431,481 | 32.5 | 51% |
| 2020 | 12,982,482 | 8,942,307 | 4,040,175 | 27.4 | 40% |
| 2021 | 30,462,819 | 8,360,031 | 22,102,788 | 61.0 | 34% |
| 2022 | 8,551,191 | 9,456,295 | −905,104 | 52.7 | 41% |
| 2023 | 19,171,396 | 20,839,480 | −1,668,084 | 23.2 | 31% |
In its most recent public year (2023), this organization spent $1,668,084 more than it brought in. Its reserves stood at about 23.2 months of spending, down from 34.1 in 2011. Staff pay was 31% of spending. $5,333,815 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
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