Storehouse Of Hope
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 24,037 | 35,240 | −11,203 | 36.1 | — |
| 2017 | 31,524 | 19,921 | 11,603 | 59.8 | — |
| 2018 | 25,668 | 37,533 | −11,865 | 32.7 | — |
| 2019 | 24,564 | 36,236 | −11,672 | 33.9 | — |
| 2020 | 15,505 | 20,594 | −5,089 | 56.6 | — |
| 2021 | 23,472 | 11,610 | 11,862 | 112.7 | — |
| 2022 | 20,434 | 13,276 | 7,158 | 105.0 | — |
In its most recent public year (2022), this organization brought in $7,158 more than it spent. Its reserves stood at about 105 months of spending, up from 36.1 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 2022. 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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