Inner City Hope Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 292,001 | 154,584 | 137,417 | 39.6 | 7% |
| 2021 | 215,365 | 208,145 | 7,220 | 29.8 | 7% |
| 2022 | 264,633 | 307,301 | −42,668 | 18.5 | 6% |
| 2023 | 458,105 | 308,168 | 149,937 | 24.3 | 6% |
In its most recent public year (2023), this organization brought in $149,937 more than it spent. Its reserves stood at about 24.3 months of spending, down from 39.6 in 2020. Staff pay was 6% of spending. $199,711 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
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