Clean Socks Hope Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 76,195 | 82,991 | −6,796 | 1.8 | 0% |
| 2018 | 84,097 | 78,425 | 5,672 | 2.8 | 0% |
| 2019 | 100,401 | 116,585 | −16,184 | 0.2 | 4% |
| 2020 | 109,046 | 91,710 | 17,336 | 1.9 | 11% |
| 2021 | 355,234 | 233,617 | 121,617 | 0.7 | 4% |
| 2022 | 331,358 | 249,768 | 81,590 | 0.6 | 5% |
| 2023 | 224,899 | 297,480 | −72,581 | -2.4 | 65% |
In its most recent public year (2023), this organization spent $72,581 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.4 months), down from 1.8 in 2017. Staff pay was 65% 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
Clean Socks Hope Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works