Operating record

Homes Of Hope Inc

Greenville, SC · EIN 57-1069688 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$6,591,345$5,278,573$1,312,77230.028%
2021$6,924,411$6,236,519$687,89226.825%
2022$8,879,901$6,480,937$2,398,96430.222%
2023$6,702,696$7,353,483−$650,78725.522%

In its most recent public year (2023), this organization spent $650,787 more than it brought in. Its reserves stood at about 25.5 months of spending, down from 30 in 2020. Staff pay was 22% of spending.

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 ↗