Hoffberger Fund For Biblical Studies Ltd
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 479,238 | 396,916 | 82,322 | 4.5 | 70% |
| 2014 | 717,838 | 664,460 | 53,378 | 3.7 | 70% |
| 2015 | 796,159 | 798,677 | −2,518 | 3.0 | 71% |
| 2016 | 1,055,179 | 1,061,283 | −6,104 | 1.7 | 58% |
| 2017 | 1,575,324 | 1,212,416 | 362,908 | 4.7 | 57% |
| 2018 | 1,817,354 | 1,506,179 | 311,175 | 5.3 | 53% |
| 2019 | 1,600,868 | 1,946,004 | −345,136 | 2.0 | 43% |
| 2020 | 1,974,667 | 2,011,043 | −36,376 | 0.9 | 52% |
| 2021 | 2,815,273 | 2,423,668 | 391,605 | 2.3 | 46% |
| 2022 | 2,959,975 | 2,850,089 | 109,886 | 4.1 | 36% |
| 2023 | 3,035,729 | 3,601,520 | −565,791 | 1.6 | 42% |
In its most recent public year (2023), this organization spent $565,791 more than it brought in. Its reserves stood at about 1.6 months of spending, down from 4.5 in 2013. Staff pay was 42% 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
Hoffberger Fund For Biblical Studies Ltd'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