Hope Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 71,365 | 29,988 | 41,377 | 82.8 | — |
| 2021 | 128,802 | 114,735 | 14,067 | 23.1 | — |
| 2022 | 103,624 | 77,676 | 25,948 | 38.1 | — |
| 2023 | 137,959 | 108,558 | 29,401 | 30.5 | — |
In its most recent public year (2023), this organization brought in $29,401 more than it spent. Its reserves stood at about 30.5 months of spending, down from 82.8 in 2020.
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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