Hope Restoration Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 270,317 | 274,825 | −4,508 | -4.0 | 33% |
| 2018 | 147,357 | 159,811 | −12,454 | -7.9 | 46% |
| 2019 | 199,725 | 195,737 | 3,988 | -6.0 | 38% |
| 2020 | 429,067 | 378,557 | 50,510 | -2.8 | 32% |
| 2021 | 524,090 | 453,101 | 70,989 | -0.7 | 30% |
| 2022 | 445,470 | 434,633 | 10,837 | -2.3 | 32% |
| 2023 | 781,770 | 505,681 | 276,089 | 4.6 | 26% |
In its most recent public year (2023), this organization brought in $276,089 more than it spent. Its reserves stood at about 4.6 months of spending, up from -4 in 2017. Staff pay was 26% 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
Hope Restoration Ministries'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