Good Hope Hospital Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 6,784,003 | 3,940,538 | 2,843,465 | 14.2 | 0% |
| 2022 | 5,824,324 | 3,907,657 | 1,916,667 | 20.2 | 0% |
| 2023 | 3,656,207 | 4,247,222 | −591,015 | 16.9 | 0% |
In its most recent public year (2023), this organization spent $591,015 more than it brought in. Its reserves stood at about 16.9 months of spending, up from 14.2 in 2021. Staff pay was 0% of spending. $502,218 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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