I Hope Ministries
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $192,982 | $183,012 | $9,970 | 3.7 | — |
| 2021 | $204,983 | $221,050 | −$16,067 | 2.2 | 34% |
| 2022 | $194,606 | $199,054 | −$4,448 | 2.1 | 22% |
| 2023 | $290,930 | $295,961 | −$5,031 | 1.2 | 16% |
In its most recent public year (2023), this organization spent $5,031 more than it brought in. Its reserves stood at about 1.2 months of spending, down from 3.7 in 2020. Staff pay was 16% 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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