Cornerstone Of Hope Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 91,787 | 85,250 | 6,537 | 0.9 | — |
| 2017 | 361,978 | 338,060 | 23,918 | 1.1 | 100% |
| 2018 | 847,234 | 816,959 | 30,275 | 0.9 | 85% |
| 2019 | 1,325,014 | 1,285,711 | 39,303 | 1.2 | 83% |
| 2020 | 2,097,599 | 2,039,261 | 58,338 | 1.3 | 83% |
| 2021 | 2,564,454 | 2,349,735 | 214,719 | 2.2 | 82% |
| 2022 | 2,454,747 | 2,227,395 | 227,352 | 3.5 | 79% |
| 2023 | 2,159,541 | 2,030,107 | 129,434 | 4.6 | 80% |
| 2024 | 2,273,548 | 2,155,945 | 117,603 | 5.0 | 80% |
In its most recent public year (2024), this organization brought in $117,603 more than it spent. Its reserves stood at about 5 months of spending, up from 0.9 in 2016. Staff pay was 80% 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
Cornerstone Of Hope Inc's IRS filings as a feed — one entry per filing year, through 2024. 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