Hope Acts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 85,685 | 82,936 | 2,749 | 4.2 | — |
| 2014 | 154,653 | 131,824 | 22,829 | 4.7 | — |
| 2015 | 173,799 | 161,769 | 12,030 | 4.7 | — |
| 2016 | 197,748 | 200,681 | −2,933 | 3.6 | — |
| 2017 | 192,835 | 176,402 | 16,433 | 5.3 | — |
| 2018 | 186,641 | 168,479 | 18,162 | 6.8 | — |
| 2019 | 249,623 | 214,671 | 34,952 | 7.3 | 56% |
| 2020 | 320,309 | 239,323 | 80,986 | 10.6 | 60% |
| 2021 | 349,742 | 291,566 | 58,176 | 11.1 | 62% |
| 2022 | 1,592,224 | 472,028 | 1,120,196 | 35.3 | 54% |
| 2023 | 818,933 | 777,486 | 41,447 | 22.1 | 63% |
In its most recent public year (2023), this organization brought in $41,447 more than it spent. Its reserves stood at about 22.1 months of spending, up from 4.2 in 2013. Staff pay was 63% of spending. $41,637 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
Hope Acts'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