Center For Hope Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,847,355 | 1,852,845 | −5,490 | 9.5 | 50% |
| 2012 | 1,456,758 | 1,652,749 | −195,991 | 9.3 | 60% |
| 2013 | 1,504,307 | 1,506,845 | −2,538 | 10.0 | 63% |
| 2014 | 1,947,129 | 1,829,549 | 117,580 | 9.9 | 61% |
| 2015 | 1,741,352 | 2,033,462 | −292,110 | 7.2 | 58% |
| 2016 | 2,024,740 | 2,079,617 | −54,877 | 6.7 | 63% |
| 2017 | 2,368,632 | 2,297,984 | 70,648 | 6.5 | 64% |
| 2018 | 3,541,355 | 3,040,924 | 500,431 | 7.3 | 64% |
| 2019 | 3,839,727 | 4,022,449 | −182,722 | 9.8 | 61% |
| 2020 | 4,939,046 | 4,692,680 | 246,366 | 9.3 | 69% |
| 2021 | 4,089,024 | 4,607,839 | −518,815 | 8.1 | 70% |
| 2022 | 5,767,230 | 5,260,258 | 506,972 | 8.3 | 64% |
| 2023 | 7,930,118 | 7,437,466 | 492,652 | 6.6 | 63% |
In its most recent public year (2023), this organization brought in $492,652 more than it spent. Its reserves stood at about 6.6 months of spending, down from 9.5 in 2011. Staff pay was 63% of spending. $1,132,407 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
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