Hope Ministries Of Northeast Texas
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 10,250 | 4,278 | 5,972 | 16.8 | — |
| 2014 | 61,930 | 41,471 | 20,459 | 7.6 | — |
| 2015 | 115,577 | 73,302 | 42,275 | 11.2 | — |
| 2016 | 436,581 | 120,229 | 316,352 | 38.4 | 33% |
| 2017 | 387,533 | 151,637 | 235,896 | 49.3 | 35% |
| 2018 | 368,269 | 217,795 | 150,474 | 42.4 | 43% |
| 2019 | 267,444 | 176,580 | 90,864 | 58.4 | 51% |
| 2020 | 347,710 | 140,147 | 207,563 | 89.9 | 49% |
| 2021 | 393,284 | 207,316 | 185,968 | 76.3 | 53% |
| 2022 | 422,968 | 230,856 | 192,112 | 78.3 | 61% |
| 2023 | 500,151 | 285,043 | 215,108 | 73.0 | 59% |
In its most recent public year (2023), this organization brought in $215,108 more than it spent. Its reserves stood at about 73 months of spending, up from 16.8 in 2013. Staff pay was 59% 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 Ministries Of Northeast Texas'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