Los Rayos De Esperanza Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 245,891 | 193,477 | 52,414 | 23.5 | 35% |
| 2021 | 204,577 | 282,761 | −78,184 | 12.7 | 27% |
| 2022 | 244,130 | 266,073 | −21,943 | 12.6 | 37% |
| 2023 | 273,628 | 256,994 | 16,634 | 13.8 | 27% |
In its most recent public year (2023), this organization brought in $16,634 more than it spent. Its reserves stood at about 13.8 months of spending, down from 23.5 in 2020. Staff pay was 27% 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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