Hopequest Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 52,908 | 48,357 | 4,551 | 4.9 | — |
| 2016 | 54,587 | 61,543 | −6,956 | 2.5 | — |
| 2017 | 82,200 | 71,903 | 10,297 | 3.9 | — |
| 2018 | 75,222 | 74,342 | 880 | 3.9 | — |
| 2019 | 75,674 | 70,879 | 4,795 | 4.9 | — |
| 2020 | 94,020 | 82,136 | 11,884 | 5.9 | — |
| 2021 | 184,469 | 170,174 | 14,295 | 3.9 | 30% |
| 2022 | 112,556 | 119,543 | −6,987 | 4.8 | 26% |
| 2023 | 72,783 | 71,009 | 1,774 | 8.4 | — |
In its most recent public year (2023), this organization brought in $1,774 more than it spent. Its reserves stood at about 8.4 months of spending, up from 4.9 in 2015.
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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