Fostering Hope Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 103,794 | 75,288 | 28,506 | 16.5 | — |
| 2012 | 96,504 | 81,217 | 15,287 | 18.2 | — |
| 2013 | 83,813 | 65,519 | 18,294 | 25.9 | — |
| 2014 | 88,466 | 63,516 | 24,950 | 31.4 | — |
| 2015 | 88,466 | 63,516 | 24,950 | 31.4 | — |
| 2016 | 112,456 | 66,864 | 45,592 | 41.3 | — |
| 2017 | 114,513 | 101,988 | 12,525 | 28.5 | — |
| 2018 | 183,242 | 71,607 | 111,635 | 59.3 | — |
| 2019 | 185,239 | 65,222 | 120,017 | 87.2 | 40% |
| 2020 | 197,597 | 80,184 | 117,413 | 88.5 | 44% |
| 2021 | 238,951 | 81,172 | 157,779 | 110.8 | 44% |
| 2022 | 234,261 | 94,353 | 139,908 | 113.1 | 41% |
| 2023 | 282,706 | 93,874 | 188,832 | 137.8 | 50% |
In its most recent public year (2023), this organization brought in $188,832 more than it spent. Its reserves stood at about 137.8 months of spending, up from 16.5 in 2011. Staff pay was 50% of spending.
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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