Hope For Renewal Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 72,094 | 6,492 | 65,602 | 315.5 | — |
| 2019 | 82,625 | 62,288 | 20,337 | 36.8 | — |
| 2020 | 137,504 | 112,944 | 24,560 | 22.9 | — |
| 2021 | 157,640 | 96,610 | 61,030 | 34.4 | — |
| 2022 | 201,079 | 144,461 | 56,618 | 27.7 | 56% |
| 2023 | 206,611 | 226,186 | −19,575 | 16.6 | 45% |
In its most recent public year (2023), this organization spent $19,575 more than it brought in. Its reserves stood at about 16.6 months of spending, down from 315.5 in 2018. Staff pay was 45% 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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