Hope Center Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 205,980 | 181,325 | 24,655 | 1.5 | 0% |
| 2021 | 527,466 | 420,111 | 107,355 | 4.6 | 0% |
| 2022 | 980,418 | 1,006,438 | −26,020 | 1.6 | 26% |
| 2023 | 1,643,343 | 1,610,897 | 32,446 | 1.3 | 42% |
In its most recent public year (2023), this organization brought in $32,446 more than it spent. Its reserves stood at about 1.3 months of spending. Staff pay was 42% 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
Hope Center Foundation's IRS filings as a feed — one entry per filing year, through 2023. 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