Hope Creek Charitable Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 875,049 | 587,221 | 287,828 | 7.9 | 0% |
| 2022 | 591,491 | 955,906 | −364,415 | 0.3 | 0% |
| 2023 | 887,651 | 919,470 | −31,819 | -0.1 | 0% |
| 2024 | 639,858 | 788,783 | −148,925 | -2.4 | 1% |
In its most recent public year (2024), this organization spent $148,925 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.4 months), down from 7.9 in 2021. Staff pay was 1% 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 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
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