Hope Library Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 228,850 | 325,862 | −97,012 | 29.0 | 38% |
| 2012 | 419,526 | 307,692 | 111,834 | 35.0 | 41% |
| 2013 | 242,664 | 314,545 | −71,881 | 31.5 | 41% |
| 2014 | 283,785 | 318,160 | −34,375 | 30.0 | 42% |
| 2015 | 284,602 | 299,136 | −14,534 | 31.3 | 41% |
| 2016 | 297,878 | 316,045 | −18,167 | 28.9 | 53% |
| 2017 | 300,873 | 324,744 | −23,871 | 27.3 | 56% |
| 2018 | 304,977 | 324,190 | −19,213 | 26.6 | 53% |
| 2019 | 362,057 | 351,774 | 10,283 | 24.9 | 51% |
| 2020 | 310,741 | 357,503 | −46,762 | 22.9 | 53% |
| 2021 | 331,671 | 319,913 | 11,758 | 26.3 | 60% |
| 2022 | 85,151 | 83,120 | 2,031 | 109.8 | 47% |
| 2023 | 356,887 | 350,762 | 6,125 | 26.2 | 54% |
In its most recent public year (2023), this organization brought in $6,125 more than it spent. Its reserves stood at about 26.2 months of spending, down from 29 in 2011. Staff pay was 54% of spending. $61,122 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
Hope Library Association'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