Lynchburg Beacon Of Hope
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 198,485 | 95,739 | 102,746 | 12.9 | — |
| 2013 | 368,316 | 98,130 | 270,186 | 45.6 | 77% |
| 2014 | 356,431 | 326,150 | 30,281 | 14.8 | 67% |
| 2015 | 482,173 | 354,160 | 128,013 | 18.4 | 60% |
| 2016 | 389,769 | 449,942 | −60,173 | 12.9 | 58% |
| 2017 | 1,699,484 | 540,184 | 1,159,300 | 36.5 | 49% |
| 2018 | 1,304,204 | 493,844 | 810,360 | 59.6 | 55% |
| 2019 | 1,932,224 | 538,251 | 1,393,973 | 85.8 | 59% |
| 2020 | 1,214,805 | 794,868 | 419,937 | 64.4 | 54% |
| 2021 | 1,341,607 | 993,995 | 347,612 | 56.1 | 44% |
| 2022 | 1,200,140 | 1,084,266 | 115,874 | 50.0 | 45% |
| 2023 | 1,088,472 | 1,302,981 | −214,509 | 42.2 | 43% |
In its most recent public year (2023), this organization spent $214,509 more than it brought in. Its reserves stood at about 42.2 months of spending, up from 12.9 in 2012. Staff pay was 43% of spending. $641,766 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
Lynchburg Beacon Of Hope's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works