New Hope Baptist Church Va
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 358,965 | 219,747 | 139,218 | 7.6 | 18% |
| 2015 | 423,692 | 375,715 | 47,977 | 6.0 | 36% |
| 2016 | 475,959 | 410,056 | 65,903 | 7.5 | 25% |
| 2018 | 632,082 | 601,905 | 30,177 | 7.6 | 28% |
| 2020 | 331,065 | 300,815 | 30,250 | 11.8 | 35% |
| 2021 | 412,007 | 353,970 | 58,037 | 12.0 | 35% |
| 2023 | 417,259 | 374,629 | 42,630 | 13.0 | 36% |
In its most recent public year (2023), this organization brought in $42,630 more than it spent. Its reserves stood at about 13 months of spending, up from 7.6 in 2014. Staff pay was 36% 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
New Hope Baptist Church Va'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