Center Of Hope Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 110,851 | 86,705 | 24,146 | 0.0 | 0% |
| 2012 | 125,415 | 105,314 | 20,101 | 0.2 | 0% |
| 2013 | 117,404 | 77,096 | 40,308 | 0.0 | 0% |
| 2014 | 185,250 | 139,784 | 45,466 | 0.0 | 0% |
| 2015 | 108,104 | 67,168 | 40,936 | 0.0 | 0% |
| 2020 | 76,964 | 24,431 | 52,533 | 33.4 | — |
| 2021 | 183,680 | 29,320 | 154,360 | 53.7 | 37% |
| 2022 | 235,790 | 46,237 | 189,553 | 81.5 | 35% |
In its most recent public year (2022), this organization brought in $189,553 more than it spent. Its reserves stood at about 81.5 months of spending, up from 0 in 2011. Staff pay was 35% of spending. $24,067 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 2022. 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
Center Of Hope Ministries's IRS filings as a feed — one entry per filing year, through 2022. 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