Hope Ignites Southern California
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 711,849 | 587,490 | 124,359 | 13.1 | 44% |
| 2016 | 594,564 | 561,624 | 32,940 | 14.4 | 44% |
| 2017 | 597,222 | 594,380 | 2,842 | 13.6 | 51% |
| 2018 | 791,163 | 719,386 | 71,777 | 12.5 | 46% |
| 2019 | 779,452 | 732,667 | 46,785 | 13.0 | 49% |
| 2020 | 495,650 | 776,873 | −281,223 | 12.5 | 50% |
| 2021 | 870,612 | 786,291 | 84,321 | 13.7 | 50% |
| 2022 | 805,304 | 840,101 | −34,797 | 12.3 | 49% |
| 2023 | 940,222 | 945,516 | −5,294 | 10.9 | 46% |
In its most recent public year (2023), this organization spent $5,294 more than it brought in. Its reserves stood at about 10.9 months of spending, down from 13.1 in 2015. Staff pay was 46% 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
Hope Ignites Southern California's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works