Ray Of Hope--World Outreach Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 52,959 | 49,556 | 3,403 | 8.9 | — |
| 2011 | 46,253 | 49,832 | −3,579 | 8.0 | — |
| 2012 | 52,061 | 42,999 | 9,062 | 14.0 | — |
| 2013 | 39,707 | 47,606 | −7,899 | 11.2 | — |
| 2014 | 33,163 | 35,521 | −2,358 | 14.2 | — |
| 2015 | 45,392 | 39,095 | 6,297 | 14.8 | — |
| 2016 | 42,957 | 44,291 | −1,334 | 11.0 | — |
| 2017 | 43,455 | 39,061 | 4,394 | 13.9 | — |
| 2018 | 34,356 | 39,968 | −5,612 | 12.0 | — |
| 2019 | 35,215 | 32,989 | 2,226 | 12.8 | — |
In its most recent public year (2019), this organization brought in $2,226 more than it spent. Its reserves stood at about 12.8 months of spending, up from 8.9 in 2010.
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 2019. 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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