Homesteads For Hope Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 43,005 | 78,442 | −35,437 | -3.0 | 0% |
| 2017 | 316,278 | 239,016 | 77,262 | 2.9 | 13% |
| 2018 | 238,223 | 227,248 | 10,975 | 3.6 | 23% |
| 2019 | 574,063 | 401,751 | 172,312 | 10.8 | 30% |
| 2020 | 474,769 | 468,770 | 5,999 | 9.4 | 33% |
| 2021 | 780,857 | 504,669 | 276,188 | 15.5 | 34% |
| 2022 | 1,419,073 | 857,106 | 561,967 | 17.0 | 42% |
| 2023 | 1,489,745 | 974,064 | 515,681 | 21.3 | 49% |
In its most recent public year (2023), this organization brought in $515,681 more than it spent. Its reserves stood at about 21.3 months of spending, up from -3 in 2016. Staff pay was 49% of spending. $167,500 of its net assets are donor-restricted.
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
Homesteads For Hope Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works