Hope Abounds Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 47,466 | 42,071 | 5,395 | 2.2 | — |
| 2012 | 37,408 | 33,954 | 3,454 | 3.9 | — |
| 2013 | 92,603 | 38,487 | 54,116 | 4.8 | — |
| 2014 | 104,449 | 86,507 | 17,942 | 4.8 | — |
| 2015 | 141,784 | 137,844 | 3,940 | 3.4 | 18% |
| 2016 | 74,944 | 67,848 | 7,096 | 8.1 | 48% |
| 2017 | 127,300 | 136,211 | −8,911 | 3.2 | — |
| 2018 | 87,916 | 105,966 | −18,050 | 2.1 | — |
| 2019 | 107,294 | 111,347 | −4,053 | 1.6 | — |
| 2021 | 153,202 | 117,942 | 35,260 | 5.2 | — |
| 2022 | 111,803 | 129,638 | −17,835 | 8.8 | 33% |
| 2023 | 276,729 | 284,086 | −7,357 | 3.7 | 29% |
In its most recent public year (2023), this organization spent $7,357 more than it brought in. Its reserves stood at about 3.7 months of spending, up from 2.2 in 2011. Staff pay was 29% 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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