Many Hopes Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 709,263 | 322,326 | 386,937 | 26.3 | 7% |
| 2012 | 591,350 | 475,044 | 116,306 | 20.8 | 0% |
| 2013 | 853,983 | 623,850 | 230,133 | 20.2 | 4% |
| 2014 | 929,543 | 840,118 | 89,425 | 16.4 | 4% |
| 2015 | 984,931 | 985,219 | −288 | 13.6 | 4% |
| 2016 | 1,432,130 | 1,342,910 | 89,220 | 10.8 | 7% |
| 2017 | 1,464,064 | 1,589,191 | −125,127 | 8.1 | 15% |
| 2018 | 1,529,355 | 1,492,737 | 36,618 | 8.0 | 8% |
| 2019 | 1,379,426 | 1,156,448 | 222,978 | 13.0 | 7% |
| 2020 | 1,034,528 | 483,347 | 551,181 | 44.7 | 16% |
| 2021 | 1,884,479 | 1,166,242 | 718,237 | 27.7 | 16% |
| 2022 | 3,897,860 | 3,633,521 | 264,339 | 9.8 | 11% |
| 2023 | 2,901,020 | 4,429,199 | −1,528,179 | 3.9 | 11% |
In its most recent public year (2023), this organization spent $1,528,179 more than it brought in. Its reserves stood at about 3.9 months of spending, down from 26.3 in 2011. Staff pay was 11% of spending. $1,108,880 of its net assets are donor-restricted.
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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