Reeds Of Hope
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 154,151 | 119,981 | 34,170 | 13.4 | — |
| 2021 | 180,052 | 94,574 | 85,478 | 27.8 | — |
| 2022 | 100,735 | 275,185 | −174,450 | 2.0 | — |
| 2023 | 46,098 | 61,866 | −15,768 | 5.7 | — |
In its most recent public year (2023), this organization spent $15,768 more than it brought in. Its reserves stood at about 5.7 months of spending, down from 13.4 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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