Hope Of Winston Salem Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 151,985 | 5,869 | 146,116 | 298.8 | 0% |
| 2014 | 202,396 | 33,378 | 169,018 | 113.3 | 0% |
| 2015 | 448,505 | 255,426 | 193,079 | 25.8 | 5% |
| 2016 | 560,593 | 399,866 | 160,727 | 21.3 | 13% |
| 2017 | 553,325 | 442,124 | 111,201 | 22.4 | 11% |
| 2018 | 546,678 | 560,321 | −13,643 | 18.1 | 10% |
| 2019 | 570,139 | 528,687 | 41,452 | 21.4 | 15% |
| 2020 | 613,487 | 566,455 | 47,032 | 21.0 | 17% |
| 2021 | 763,692 | 682,869 | 80,823 | 18.8 | 16% |
| 2022 | 631,047 | 627,176 | 3,871 | 20.5 | 18% |
| 2023 | 680,436 | 627,444 | 52,992 | 21.6 | 20% |
In its most recent public year (2023), this organization brought in $52,992 more than it spent. Its reserves stood at about 21.6 months of spending, down from 298.8 in 2013. Staff pay was 20% of spending. $881,409 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
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