Furnishing Hope Of Massachusetts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 115,035 | 20,784 | 94,251 | 54.4 | 0% |
| 2013 | 84,543 | 83,252 | 1,291 | 13.8 | 2% |
| 2014 | 113,141 | 121,075 | −7,934 | 8.7 | 7% |
| 2015 | 104,132 | 102,926 | 1,206 | 10.1 | 11% |
| 2016 | 105,847 | 117,662 | −11,815 | 7.6 | 12% |
| 2017 | 134,307 | 104,758 | 29,549 | 12.7 | 10% |
| 2018 | 173,637 | 196,465 | −22,828 | 5.4 | 26% |
| 2019 | 174,904 | 203,887 | −28,983 | 3.5 | 27% |
| 2020 | 174,937 | 181,703 | −6,766 | 3.5 | 23% |
| 2021 | 222,888 | 206,353 | 16,535 | 4.0 | 26% |
| 2022 | 161,683 | 203,730 | −42,047 | 1.6 | 27% |
| 2023 | 220,820 | 183,961 | 36,859 | 4.2 | 26% |
In its most recent public year (2023), this organization brought in $36,859 more than it spent. Its reserves stood at about 4.2 months of spending, down from 54.4 in 2012. Staff pay was 26% 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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