Chariots4hope Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 112,158 | 69,599 | 42,559 | 8.6 | — |
| 2017 | 355,569 | 352,571 | 2,998 | 1.8 | 35% |
| 2018 | 365,186 | 366,164 | −978 | 1.7 | 13% |
| 2019 | 662,900 | 669,617 | −6,717 | 1.9 | 20% |
| 2020 | 797,324 | 634,661 | 162,663 | 5.3 | 46% |
| 2021 | 1,088,657 | 928,669 | 159,988 | 5.7 | 36% |
| 2022 | 963,336 | 1,190,659 | −227,323 | 2.1 | 40% |
| 2023 | 1,181,842 | 1,214,820 | −32,978 | 1.8 | 37% |
In its most recent public year (2023), this organization spent $32,978 more than it brought in. Its reserves stood at about 1.8 months of spending, down from 8.6 in 2016. Staff pay was 37% 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
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