Rising Hope Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 136,846 | 35,748 | 101,098 | 33.9 | — |
| 2016 | 23,796 | 93,288 | −69,492 | 4.1 | — |
| 2017 | 68,789 | 63,151 | 5,638 | 7.1 | — |
| 2018 | 71,781 | 72,615 | −834 | 6.0 | — |
| 2019 | 108,311 | 63,690 | 44,621 | 13.1 | 0% |
| 2020 | 76,597 | 76,456 | 141 | 11.9 | 35% |
| 2021 | 304,853 | 182,728 | 122,125 | 13.0 | 14% |
| 2022 | 41,484 | 95,753 | −54,269 | 18.0 | 26% |
| 2023 | 87,050 | 108,767 | −21,717 | 13.4 | 37% |
In its most recent public year (2023), this organization spent $21,717 more than it brought in. Its reserves stood at about 13.4 months of spending, down from 33.9 in 2015. Staff pay was 37% 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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