Heart Of Hope Asian American Hospice Care A Nonprofit Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 374,889 | 750,871 | −375,982 | 4.8 | 72% |
| 2021 | 553,549 | 317,437 | 236,112 | 20.2 | 65% |
| 2022 | 824,965 | 584,446 | 240,519 | 15.9 | 71% |
| 2023 | 747,416 | 931,946 | −184,530 | 7.6 | 72% |
In its most recent public year (2023), this organization spent $184,530 more than it brought in. Its reserves stood at about 7.6 months of spending, up from 4.8 in 2020. Staff pay was 72% of spending. $1,150 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
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