everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Hopes Chest Inc

Shelby, NC / EIN 46-4088685 / Form 990-EZ / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201743,04742,6154327.0
201859,98442,98317,00111.7
201952,05441,94910,10514.9
2020117,41339,17778,23639.9
202161,38250,11511,26733.9
202219,79554,277−34,48223.7
202318,18647,221−29,03519.8

In its most recent public year (2023), this organization spent $29,035 more than it brought in. Its reserves stood at about 19.8 months of spending, up from 7 in 2017.

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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