Hope 4 Life
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 191,844 | 78,794 | 113,050 | 38.4 | — |
| 2020 | 136,672 | 193,289 | −56,617 | 12.1 | — |
| 2021 | 187,098 | 170,558 | 16,540 | 14.9 | — |
| 2022 | 330,173 | 298,782 | 31,391 | 9.8 | 39% |
| 2023 | 189,969 | 121,313 | 68,656 | 30.9 | 47% |
In its most recent public year (2023), this organization brought in $68,656 more than it spent. Its reserves stood at about 30.9 months of spending, down from 38.4 in 2019. Staff pay was 47% 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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