Sounds Of Hope Ltd
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 63,284 | 53,524 | 9,760 | 25.7 | 0% |
| 2021 | 103,189 | 52,985 | 50,204 | 37.3 | 0% |
| 2022 | 92,513 | 134,722 | −42,209 | 11.0 | 0% |
| 2023 | 110,284 | 106,392 | 3,892 | 15.2 | 0% |
In its most recent public year (2023), this organization brought in $3,892 more than it spent. Its reserves stood at about 15.2 months of spending, down from 25.7 in 2020. Staff pay was 0% 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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