Touches Of Hope Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 57,457 | 1,495 | 55,962 | 46.7 | — |
| 2018 | 40,852 | 43,651 | −2,799 | 1.1 | — |
| 2022 | 69,982 | 62,544 | 7,438 | 2.3 | — |
| 2023 | 59,428 | 66,234 | −6,806 | 1.0 | — |
In its most recent public year (2023), this organization spent $6,806 more than it brought in. Its reserves stood at about 1 months of spending, down from 46.7 in 2017.
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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