Clothed In Hope
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 121,643 | 107,699 | 13,944 | 7.7 | — |
| 2015 | 92,086 | 76,852 | 15,234 | 13.2 | — |
| 2016 | 119,964 | 117,199 | 2,765 | 9.0 | — |
| 2017 | 177,034 | 150,747 | 26,287 | 9.0 | — |
| 2018 | 124,813 | 141,553 | −16,740 | 8.3 | — |
| 2019 | 104,323 | 110,283 | −5,960 | 10.0 | — |
| 2020 | 107,971 | 103,027 | 4,944 | 11.2 | — |
| 2021 | 94,281 | 103,171 | −8,890 | 10.2 | — |
| 2022 | 103,501 | 106,733 | −3,232 | 9.5 | — |
| 2023 | 104,129 | 98,991 | 5,138 | 10.9 | — |
In its most recent public year (2023), this organization brought in $5,138 more than it spent. Its reserves stood at about 10.9 months of spending, up from 7.7 in 2014.
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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