Beacon Of Hope Charity Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 16,700 | 3,947 | 12,753 | 38.8 | — |
| 2015 | 26,732 | 31,716 | −4,984 | 2.9 | — |
| 2016 | 20,802 | 13,878 | 6,924 | 12.7 | — |
| 2017 | 34,714 | 22,768 | 11,946 | 14.0 | — |
| 2018 | 85,605 | 108,470 | −22,865 | 0.4 | — |
| 2019 | 59,260 | 55,484 | 3,776 | 1.6 | — |
| 2020 | 81,313 | 88,763 | −7,450 | 0.0 | — |
| 2021 | 80,004 | 68,388 | 11,616 | 2.1 | — |
| 2022 | 76,855 | 75,601 | 1,254 | 2.1 | — |
| 2023 | 55,315 | 62,439 | −7,124 | 1.1 | — |
In its most recent public year (2023), this organization spent $7,124 more than it brought in. Its reserves stood at about 1.1 months of spending, down from 38.8 in 2014.
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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