Thomas Hope Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 462,362 | 500,553 | −38,191 | -0.4 | 51% |
| 2021 | 477,215 | 445,293 | 31,922 | 0.4 | 57% |
| 2022 | 525,525 | 484,751 | 40,774 | 1.4 | 59% |
| 2023 | 530,324 | 519,944 | 10,380 | 1.5 | 57% |
| 2024 | 795,657 | 642,115 | 153,542 | 4.1 | 60% |
In its most recent public year (2024), this organization brought in $153,542 more than it spent. Its reserves stood at about 4.1 months of spending, up from -0.4 in 2020. Staff pay was 60% 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 2024. 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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