New Hope Korean Presbyterian Church
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2021 | $110,549 | $63,569 | $46,980 | 18.3 | — |
| 2022 | $123,469 | $92,778 | $30,691 | 23.0 | — |
| 2023 | $126,205 | $105,652 | $20,553 | 22.5 | — |
In its most recent public year (2023), this organization brought in $20,553 more than it spent. Its reserves stood at about 22.5 months of spending, up from 18.3 in 2021.
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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