Hope Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,472,696 | 5,120,925 | 351,771 | 14.0 | 3% |
| 2012 | 6,412,215 | 6,106,277 | 305,938 | 12.3 | 2% |
| 2013 | 8,380,275 | 7,816,881 | 563,394 | 10.5 | 2% |
| 2014 | 11,357,490 | 9,216,093 | 2,141,397 | 11.7 | 2% |
| 2015 | 15,194,954 | 10,606,672 | 4,588,282 | 15.3 | 1% |
| 2016 | 12,151,288 | 11,685,392 | 465,896 | 14.1 | 1% |
| 2017 | 13,499,070 | 12,674,183 | 824,887 | 13.6 | 1% |
| 2018 | 12,842,769 | 12,526,600 | 316,169 | 14.1 | 1% |
| 2019 | 12,992,399 | 12,719,567 | 272,832 | 14.1 | 1% |
| 2020 | 14,661,131 | 11,308,126 | 3,353,005 | 19.4 | 30% |
| 2021 | 17,086,594 | 11,225,085 | 5,861,509 | 27.0 | 31% |
| 2022 | 18,458,920 | 13,858,642 | 4,600,278 | 25.0 | 29% |
| 2023 | 16,725,097 | 15,001,731 | 1,723,366 | 24.7 | 22% |
| 2024 | 16,214,101 | 15,222,167 | 991,934 | 25.4 | 24% |
In its most recent public year (2024), this organization brought in $991,934 more than it spent. Its reserves stood at about 25.4 months of spending, up from 14 in 2011. Staff pay was 24% of spending. $2,267,489 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 2024. 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 Ministries's IRS filings as a feed — one entry per filing year, through 2024. 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