Miles Of Hope
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 99,010 | 95,463 | 3,547 | 4.4 | — |
| 2021 | 95,902 | 107,715 | −11,813 | 2.6 | — |
| 2022 | 116,802 | 95,586 | 21,216 | 3.5 | — |
| 2023 | 186,116 | 99,745 | 86,371 | 13.8 | — |
In its most recent public year (2023), this organization brought in $86,371 more than it spent. Its reserves stood at about 13.8 months of spending, up from 4.4 in 2020.
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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