Hobe Sound Bible College Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 3,439,411 | 3,311,786 | 127,625 | 10.9 | 31% |
| 2011 | 3,194,479 | 3,481,299 | −286,820 | 9.6 | 28% |
| 2012 | 3,683,361 | 3,384,731 | 298,630 | 10.9 | 30% |
| 2013 | 3,079,339 | 3,194,172 | −114,833 | 11.2 | 31% |
| 2014 | 3,377,688 | 3,311,408 | 66,280 | 11.0 | 34% |
| 2015 | 3,809,041 | 3,608,321 | 200,720 | 10.7 | 34% |
| 2016 | 4,208,277 | 3,807,299 | 400,978 | 11.4 | 33% |
| 2017 | 3,930,588 | 3,905,084 | 25,504 | 11.3 | 33% |
| 2018 | 4,338,170 | 4,129,544 | 208,626 | 11.3 | 34% |
| 2019 | 4,364,239 | 4,262,866 | 101,373 | 11.2 | 34% |
| 2020 | 3,685,732 | 4,019,286 | −333,554 | 10.9 | 36% |
| 2021 | 4,545,960 | 4,273,176 | 272,784 | 11.2 | 35% |
| 2022 | 5,631,780 | 4,652,588 | 979,192 | 12.5 | 33% |
| 2023 | 6,389,065 | 5,444,969 | 944,096 | 12.8 | 30% |
In its most recent public year (2023), this organization brought in $944,096 more than it spent. Its reserves stood at about 12.8 months of spending, up from 10.9 in 2010. Staff pay was 30% of spending. $3,958,690 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
Hobe Sound Bible College 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