Hope Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 248,462 | 257,535 | −9,073 | 9.8 | 44% |
| 2020 | 238,177 | 255,729 | −17,552 | 9.0 | 53% |
| 2021 | 260,249 | 282,591 | −22,342 | 7.2 | 50% |
| 2022 | 149,765 | 160,588 | −10,823 | 11.9 | 50% |
| 2023 | 191,455 | 164,290 | 27,165 | 13.6 | 41% |
In its most recent public year (2023), this organization brought in $27,165 more than it spent. Its reserves stood at about 13.6 months of spending, up from 9.8 in 2019. Staff pay was 41% 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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