Arms Of Hope Childrens Home
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 308,938 | 234,611 | 74,327 | 41.5 | 0% |
| 2021 | 219,537 | 252,386 | −32,849 | 37.0 | 0% |
| 2022 | 363,102 | 340,188 | 22,914 | 28.3 | 0% |
| 2023 | 345,059 | 368,057 | −22,998 | 25.4 | 0% |
In its most recent public year (2023), this organization spent $22,998 more than it brought in. Its reserves stood at about 25.4 months of spending, down from 41.5 in 2020. Staff pay was 0% 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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