Pure Hope Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 365,013 | 103,766 | 261,247 | 30.2 | 39% |
| 2016 | 338,982 | 236,448 | 102,534 | 18.5 | 41% |
| 2017 | 337,326 | 210,557 | 126,769 | 28.0 | 44% |
| 2018 | 476,472 | 329,300 | 147,172 | 23.2 | 36% |
| 2019 | 485,028 | 336,861 | 148,167 | 28.0 | 38% |
| 2020 | 4,558,818 | 493,799 | 4,065,019 | 117.9 | 42% |
| 2021 | 1,655,570 | 899,989 | 755,581 | 74.8 | 38% |
| 2022 | 589,078 | 981,201 | −392,123 | 63.8 | 32% |
| 2023 | 1,233,055 | 1,067,936 | 165,119 | 60.5 | 33% |
In its most recent public year (2023), this organization brought in $165,119 more than it spent. Its reserves stood at about 60.5 months of spending, up from 30.2 in 2015. Staff pay was 33% of spending. $124,832 of its net assets are donor-restricted.
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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