Hope Life Center Church Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 9,000 | 26,400 | −17,400 | -7.9 | — |
| 2018 | 10,000 | 27,000 | −17,000 | -30.6 | — |
| 2019 | 12,000 | 28,000 | −16,000 | -36.3 | — |
| 2020 | 26,529 | 28,075 | −1,546 | -0.7 | — |
| 2021 | 29,466 | 29,586 | −120 | -0.0 | — |
| 2022 | 26,079 | 24,925 | 1,154 | 0.6 | — |
| 2023 | 30,358 | 31,635 | −1,277 | -0.5 | — |
In its most recent public year (2023), this organization spent $1,277 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.5 months), up from -7.9 in 2017.
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 Life Center Church Inc'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