Hope For Relief And Development Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 808,059 | 748,415 | 59,644 | 1.3 | 0% |
| 2014 | 796,807 | 596,597 | 200,210 | 5.7 | 0% |
| 2015 | 829,917 | 634,754 | 195,163 | 9.0 | 0% |
| 2016 | 966,437 | 824,345 | 142,092 | 9.0 | 0% |
| 2017 | 699,598 | 1,124,771 | −425,173 | 2.1 | 0% |
| 2018 | 942,036 | 1,008,294 | −66,258 | 1.5 | 0% |
| 2019 | 932,225 | 715,416 | 216,809 | 5.8 | 0% |
| 2020 | 904,715 | 921,449 | −16,734 | 4.3 | 0% |
| 2021 | 1,339,883 | 1,070,823 | 269,060 | 6.7 | 0% |
| 2022 | 490,169 | 767,964 | −277,795 | 5.0 | 0% |
| 2023 | 595,164 | 842,745 | −247,581 | 1.0 | 0% |
In its most recent public year (2023), this organization spent $247,581 more than it brought in. Its reserves stood at about 1 months of spending. Staff pay was 0% 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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