Ray Of Hope Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 36,175 | 21,086 | 15,089 | 39.3 | — |
| 2021 | 25,000 | 8,960 | 16,040 | 114.0 | — |
| 2022 | 121,878 | 89,746 | 32,132 | 15.7 | — |
| 2023 | 144,565 | 138,826 | 5,739 | 10.6 | — |
In its most recent public year (2023), this organization brought in $5,739 more than it spent. Its reserves stood at about 10.6 months of spending, down from 39.3 in 2020.
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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