New Hope Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 82,870 | 77,992 | 4,878 | 1.3 | — |
| 2012 | 69,220 | 70,212 | −992 | 1.3 | — |
| 2013 | 88,873 | 96,034 | −7,161 | 0.1 | — |
| 2014 | 86,167 | 81,329 | 4,838 | 0.8 | — |
| 2015 | 58,512 | 60,794 | −2,282 | 0.5 | — |
| 2016 | 83,919 | 79,065 | 4,854 | 1.2 | — |
| 2017 | 83,991 | 80,328 | 3,663 | 1.7 | — |
| 2018 | 81,062 | 88,938 | −7,876 | 0.5 | — |
| 2019 | 116,818 | 117,673 | −855 | 0.3 | — |
| 2020 | 99,091 | 99,717 | −626 | 0.2 | — |
| 2022 | 176,819 | 99,137 | 77,682 | 5.0 | — |
| 2023 | 185,365 | 123,744 | 61,621 | 10.0 | — |
In its most recent public year (2023), this organization brought in $61,621 more than it spent. Its reserves stood at about 10 months of spending, up from 1.3 in 2011.
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 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