Hope Ignites Cincinnati
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,791,846 | 1,588,064 | 203,782 | 22.5 | 41% |
| 2022 | 2,384,361 | 1,533,775 | 850,586 | 28.7 | 45% |
| 2023 | 1,074,536 | 1,140,058 | −65,522 | 38.0 | 48% |
In its most recent public year (2023), this organization spent $65,522 more than it brought in. Its reserves stood at about 38 months of spending, up from 22.5 in 2021. Staff pay was 48% of spending. $1,250,598 of its net assets are donor-restricted.
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 Ignites Cincinnati'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