Steps To Hope Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 635,308 | 645,204 | −9,896 | 34.1 | 59% |
| 2013 | 638,355 | 652,402 | −14,047 | 33.5 | 59% |
| 2014 | 673,002 | 686,536 | −13,534 | 31.6 | 58% |
| 2015 | 1,120,825 | 730,021 | 390,804 | 35.9 | 58% |
| 2016 | 858,275 | 700,461 | 157,814 | 40.0 | 54% |
| 2017 | 781,640 | 748,136 | 33,504 | 39.0 | 56% |
| 2018 | 935,174 | 762,621 | 172,553 | 41.8 | 57% |
| 2019 | 848,015 | 789,983 | 58,032 | 41.8 | 57% |
| 2020 | 786,797 | 895,113 | −108,316 | 35.7 | 57% |
| 2021 | 1,104,895 | 930,460 | 174,435 | 40.0 | 52% |
| 2022 | 2,135,795 | 1,443,913 | 691,882 | 29.8 | 51% |
| 2023 | 2,932,207 | 1,934,154 | 998,053 | 29.1 | 55% |
In its most recent public year (2023), this organization brought in $998,053 more than it spent. Its reserves stood at about 29.1 months of spending, down from 34.1 in 2012. Staff pay was 55% of spending. $87,158 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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