Helping Overcome Povertys Existence Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 837,399 | 806,584 | 30,815 | 0.6 | 24% |
| 2012 | 1,211,709 | 936,798 | 274,911 | 4.1 | 23% |
| 2013 | 734,208 | 904,102 | −169,894 | 1.9 | 25% |
| 2014 | 1,319,954 | 862,721 | 457,233 | 12.2 | 29% |
| 2015 | 789,425 | 892,209 | −102,784 | 10.4 | 6% |
| 2016 | 1,091,689 | 1,066,330 | 25,359 | 8.8 | 28% |
| 2017 | 1,045,974 | 1,098,597 | −52,623 | 8.0 | 25% |
| 2018 | 1,503,902 | 1,143,060 | 360,842 | 11.5 | 24% |
| 2019 | 1,568,218 | 1,418,848 | 149,370 | 10.5 | 21% |
| 2020 | 1,823,719 | 1,560,292 | 263,427 | 11.7 | 25% |
| 2022 | 1,591,441 | 1,936,946 | −345,505 | 12.3 | 21% |
| 2023 | 1,767,094 | 1,717,569 | 49,525 | 14.2 | 29% |
In its most recent public year (2023), this organization brought in $49,525 more than it spent. Its reserves stood at about 14.2 months of spending, up from 0.6 in 2011. Staff pay was 29% of spending. $1,188,621 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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