Hope Life Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 234,811 | 219,793 | 15,018 | 5.2 | 57% |
| 2012 | 186,030 | 201,015 | −14,985 | 4.8 | 57% |
| 2013 | 236,131 | 214,425 | 21,706 | 5.7 | 56% |
| 2014 | 264,515 | 271,111 | −6,596 | 4.2 | 57% |
| 2015 | 269,684 | 293,868 | −24,184 | 2.9 | 58% |
| 2016 | 369,108 | 315,405 | 53,703 | 4.8 | 57% |
| 2017 | 436,234 | 333,322 | 102,912 | 8.2 | 59% |
| 2018 | 414,427 | 392,765 | 21,662 | 8.2 | 61% |
| 2019 | 411,332 | 411,616 | −284 | 7.8 | 61% |
| 2020 | 382,886 | 396,508 | −13,622 | 7.7 | 62% |
| 2021 | 495,243 | 409,857 | 85,386 | 9.9 | 59% |
| 2022 | 409,303 | 392,794 | 16,509 | 10.9 | 54% |
| 2023 | 391,295 | 330,467 | 60,828 | 15.1 | 51% |
In its most recent public year (2023), this organization brought in $60,828 more than it spent. Its reserves stood at about 15.1 months of spending, up from 5.2 in 2011. Staff pay was 51% of spending. $6,722 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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