1960 Community Hope Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 165,105 | 92,676 | 72,429 | 9.4 | — |
| 2017 | 165,699 | 162,406 | 3,293 | 5.6 | — |
| 2018 | 683,732 | 210,680 | 473,052 | 31.3 | 31% |
| 2019 | 665,308 | 344,346 | 320,962 | 32.0 | 23% |
| 2020 | 310,098 | 354,415 | −44,317 | 23.2 | 22% |
| 2021 | 534,652 | 444,718 | 89,934 | 21.4 | 21% |
| 2022 | 347,839 | 370,912 | −23,073 | 24.9 | 28% |
In its most recent public year (2022), this organization spent $23,073 more than it brought in. Its reserves stood at about 24.9 months of spending, up from 9.4 in 2016. Staff pay was 28% 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 2022. 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
1960 Community Hope Center's IRS filings as a feed — one entry per filing year, through 2022. 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