Hope For Life
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 188,354 | 121,250 | 67,104 | 6.6 | 20% |
| 2018 | 299,270 | 235,435 | 63,835 | 6.7 | 16% |
| 2019 | 636,132 | 499,279 | 136,853 | 6.4 | 14% |
| 2020 | 608,407 | 584,780 | 23,627 | 6.0 | 16% |
| 2021 | 523,577 | 553,495 | −29,918 | 5.7 | 20% |
| 2022 | 562,534 | 480,815 | 81,719 | 8.6 | 26% |
| 2023 | 332,945 | 419,247 | −86,302 | 7.4 | 39% |
In its most recent public year (2023), this organization spent $86,302 more than it brought in. Its reserves stood at about 7.4 months of spending. Staff pay was 39% of spending. $183,194 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 For Life'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