Beacon Of Hope Christian Ministry
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 188,698 | 166,346 | 22,352 | 1.6 | — |
| 2014 | 242,147 | 158,908 | 83,239 | 8.3 | 26% |
| 2015 | 270,820 | 190,423 | 80,397 | 12.0 | 22% |
| 2016 | 178,885 | 172,951 | 5,934 | 13.6 | 26% |
| 2017 | 163,776 | 181,036 | −17,260 | 11.8 | 18% |
| 2018 | 154,053 | 147,187 | 6,866 | 15.1 | 22% |
| 2019 | 202,300 | 184,190 | 18,110 | 13.3 | 14% |
| 2020 | 454,859 | 197,894 | 256,965 | 27.9 | 11% |
| 2021 | 353,302 | 246,897 | 106,405 | 27.5 | 17% |
| 2022 | 222,634 | 376,419 | −153,785 | 13.2 | 36% |
| 2023 | 74,907 | 291,015 | −216,108 | 8.1 | 43% |
In its most recent public year (2023), this organization spent $216,108 more than it brought in. Its reserves stood at about 8.1 months of spending, up from 1.6 in 2013. Staff pay was 43% 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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