Hope Local
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 221,316 | 115,172 | 106,144 | 11.1 | 49% |
| 2017 | 364,361 | 394,885 | −30,524 | 2.6 | 37% |
| 2018 | 501,631 | 465,063 | 36,568 | 3.2 | 33% |
| 2019 | 344,542 | 409,190 | −64,648 | 1.7 | 45% |
| 2020 | 175,237 | 219,895 | −44,658 | 0.7 | 77% |
| 2022 | 380,094 | 341,079 | 39,015 | 9.1 | 52% |
| 2023 | 225,436 | 344,190 | −118,754 | 4.8 | 67% |
In its most recent public year (2023), this organization spent $118,754 more than it brought in. Its reserves stood at about 4.8 months of spending, down from 11.1 in 2016. Staff pay was 67% 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 Local'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