The Hope For Families Center Inc
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $1,367,890 | $997,557 | $370,333 | 33.5 | 52% |
| 2021 | $1,342,152 | $1,016,830 | $325,322 | 36.8 | 56% |
| 2022 | $1,540,715 | $1,134,310 | $406,405 | 37.6 | 49% |
| 2023 | $4,269,277 | $1,246,809 | $3,022,468 | 63.8 | 48% |
In its most recent public year (2023), this organization brought in $3,022,468 more than it spent. Its reserves stood at about 63.8 months of spending, up from 33.5 in 2020. Staff pay was 48% of spending. $3,790,543 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 ↗
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