Hope For Change Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 60,780 | 46,837 | 13,943 | 7.8 | — |
| 2017 | 47,921 | 58,488 | −10,567 | 4.1 | — |
| 2018 | 17,090 | 27,663 | −10,573 | 4.1 | — |
| 2019 | 43,763 | 40,310 | 3,453 | 3.8 | — |
| 2020 | 36,244 | 37,595 | −1,351 | 3.7 | — |
| 2021 | 93,739 | 96,726 | −2,987 | 1.1 | — |
| 2022 | 83,001 | 74,986 | 8,015 | 2.6 | — |
| 2023 | 41,393 | 50,401 | −9,008 | 1.8 | — |
In its most recent public year (2023), this organization spent $9,008 more than it brought in. Its reserves stood at about 1.8 months of spending, down from 7.8 in 2016.
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
Hope For Change 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