New Hope Presbyterian Church
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 502,965 | 519,001 | −16,036 | 8.7 | 17% |
| 2021 | 672,705 | 654,957 | 17,748 | 7.2 | 20% |
| 2022 | 628,330 | 622,916 | 5,414 | 7.7 | 23% |
| 2023 | 598,982 | 615,972 | −16,990 | 7.5 | 29% |
In its most recent public year (2023), this organization spent $16,990 more than it brought in. Its reserves stood at about 7.5 months of spending, down from 8.7 in 2020. Staff pay was 29% 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
New Hope Presbyterian Church'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