Life Of Hope Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 268,325 | 270,118 | −1,793 | 2.9 | 28% |
| 2012 | 297,610 | 267,887 | 29,723 | 4.3 | 19% |
| 2013 | 357,685 | 330,850 | 26,835 | 2.3 | 14% |
| 2014 | 421,913 | 415,860 | 6,053 | 2.4 | 22% |
| 2015 | 398,305 | 402,765 | −4,460 | 2.3 | 22% |
| 2016 | 499,007 | 435,615 | 63,392 | 4.8 | 9% |
| 2017 | 549,449 | 520,207 | 29,242 | 4.7 | 18% |
| 2018 | 600,127 | 580,606 | 19,521 | 4.6 | 17% |
| 2019 | 645,492 | 657,925 | −12,433 | 3.8 | 16% |
| 2020 | 622,463 | 593,395 | 29,068 | 4.8 | 18% |
| 2021 | 702,288 | 680,809 | 21,479 | 4.6 | 17% |
| 2022 | 989,914 | 988,722 | 1,192 | 3.2 | 12% |
| 2023 | 1,116,822 | 1,091,209 | 25,613 | 3.1 | 11% |
In its most recent public year (2023), this organization brought in $25,613 more than it spent. Its reserves stood at about 3.1 months of spending. Staff pay was 11% of spending. $505 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
Life Of Hope Ministries'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