Hope Gala Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 195,930 | 201,235 | −5,305 | 0.7 | 0% |
| 2017 | 222,577 | 202,524 | 20,053 | 1.9 | 0% |
| 2018 | 344,233 | 368,553 | −24,320 | 0.2 | 0% |
| 2019 | 242,009 | 235,881 | 6,128 | 0.7 | 0% |
| 2020 | 72,690 | 68,710 | 3,980 | 3.0 | 0% |
| 2021 | 166,071 | 172,055 | −5,984 | 0.8 | 0% |
| 2022 | 304,643 | 310,069 | −5,426 | 0.2 | 0% |
| 2023 | 223,675 | 221,966 | 1,709 | 0.4 | 0% |
In its most recent public year (2023), this organization brought in $1,709 more than it spent. Its reserves stood at about 0.4 months of spending. 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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