Building Hope Community Life Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 170,224 | 144,153 | 26,071 | 37.9 | 39% |
| 2021 | 353,578 | 327,593 | 25,985 | 17.9 | 41% |
| 2022 | 428,640 | 417,841 | 10,799 | 14.6 | 43% |
| 2023 | 585,562 | 624,396 | −38,834 | 9.2 | 42% |
| 2024 | 558,502 | 493,940 | 64,562 | 13.3 | 48% |
In its most recent public year (2024), this organization brought in $64,562 more than it spent. Its reserves stood at about 13.3 months of spending, down from 37.9 in 2020. Staff pay was 48% of spending. $4,838 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 2024. 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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