Beacon Of Hope Services
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 422,521 | 461,751 | −39,230 | 6.5 | 3% |
| 2012 | 406,925 | 404,899 | 2,026 | 7.5 | 3% |
| 2013 | 523,473 | 526,491 | −3,018 | 5.9 | 2% |
| 2014 | 772,601 | 743,700 | 28,901 | 4.8 | 2% |
| 2015 | 656,167 | 663,471 | −7,304 | 1.3 | 2% |
| 2016 | 634,135 | 635,570 | −1,435 | 1.3 | 4% |
| 2017 | 690,946 | 659,243 | 31,703 | 1.9 | 6% |
| 2018 | 804,366 | 761,156 | 43,210 | 2.3 | 7% |
| 2019 | 919,896 | 884,374 | 35,522 | 2.5 | 8% |
| 2020 | 694,614 | 592,358 | 102,256 | 5.9 | 12% |
| 2021 | 1,018,774 | 906,872 | 111,902 | 5.3 | 9% |
| 2022 | 1,342,942 | 1,257,199 | 85,743 | 4.7 | 7% |
In its most recent public year (2022), this organization brought in $85,743 more than it spent. Its reserves stood at about 4.7 months of spending, down from 6.5 in 2011. Staff pay was 7% of spending. $303,285 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 2022. 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
Beacon Of Hope Services's IRS filings as a feed — one entry per filing year, through 2022. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works