Sole Hope Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 60,179 | 43,131 | 17,048 | 6.6 | — |
| 2012 | 191,329 | 118,984 | 72,345 | 9.7 | — |
| 2013 | 378,303 | 357,879 | 20,424 | 3.9 | 14% |
| 2014 | 736,095 | 533,796 | 202,299 | 7.2 | 27% |
| 2015 | 847,746 | 589,084 | 258,662 | 12.3 | 33% |
| 2016 | 1,360,342 | 791,094 | 569,248 | 15.4 | 40% |
| 2017 | 1,432,822 | 1,064,818 | 368,004 | 14.2 | 47% |
| 2018 | 1,306,818 | 1,262,461 | 44,357 | 12.8 | 43% |
| 2019 | 814,475 | 859,813 | −45,338 | 18.2 | 57% |
| 2020 | 919,894 | 706,318 | 213,576 | 24.8 | 41% |
| 2021 | 922,121 | 747,403 | 174,718 | 26.4 | 43% |
| 2022 | 426,029 | 790,393 | −364,364 | 19.4 | 38% |
| 2023 | 670,077 | 579,164 | 90,913 | 28.0 | 38% |
In its most recent public year (2023), this organization brought in $90,913 more than it spent. Its reserves stood at about 28 months of spending, up from 6.6 in 2011. Staff pay was 38% of spending. $90,000 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
Sole 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