Hope Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 453,394 | 362,461 | 90,933 | 3.3 | 79% |
| 2021 | 382,965 | 401,432 | −18,467 | 2.5 | 78% |
| 2022 | 555,894 | 504,483 | 51,411 | 3.2 | 73% |
| 2023 | 416,460 | 525,951 | −109,491 | 0.6 | 61% |
In its most recent public year (2023), this organization spent $109,491 more than it brought in. Its reserves stood at about 0.6 months of spending, down from 3.3 in 2020. Staff pay was 61% 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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