Hope Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 508,619 | 436,515 | 72,104 | 6.1 | 37% |
| 2012 | 881,792 | 508,198 | 373,594 | 14.0 | 38% |
| 2013 | 844,787 | 654,446 | 190,341 | 14.4 | 38% |
| 2014 | 792,695 | 748,668 | 44,027 | 13.3 | 46% |
| 2015 | 1,038,369 | 779,658 | 258,711 | 16.7 | 47% |
| 2016 | 1,112,627 | 1,085,834 | 26,793 | 12.3 | 42% |
| 2017 | 1,045,805 | 1,195,640 | −149,835 | 9.7 | 43% |
| 2018 | 1,055,932 | 1,171,506 | −115,574 | 8.7 | 44% |
| 2019 | 1,200,188 | 1,156,013 | 44,175 | 9.3 | 42% |
| 2020 | 1,418,326 | 1,094,160 | 324,166 | 13.4 | 46% |
| 2021 | 1,556,299 | 1,200,177 | 356,122 | 15.8 | 49% |
| 2022 | 1,815,008 | 1,405,905 | 409,103 | 17.0 | 54% |
| 2023 | 1,808,247 | 1,749,679 | 58,568 | 14.1 | 50% |
In its most recent public year (2023), this organization brought in $58,568 more than it spent. Its reserves stood at about 14.1 months of spending, up from 6.1 in 2011. Staff pay was 50% of spending. $20,121 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
Hope Center Inc's IRS filings as a feed — one entry per filing year, through 2023. 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