Hope Enterprise Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 9,540,379 | 9,918,492 | −378,113 | 26.4 | 26% |
| 2011 | 10,817,724 | 9,581,774 | 1,235,950 | 28.8 | 26% |
| 2012 | 4,566,825 | 10,355,843 | −5,789,018 | 19.9 | 26% |
| 2013 | 6,229,833 | 9,572,524 | −3,342,691 | 17.8 | 28% |
| 2014 | 10,597,981 | 7,863,122 | 2,734,859 | 26.8 | 33% |
| 2015 | 18,630,581 | 11,253,493 | 7,377,088 | 27.0 | 26% |
| 2016 | 16,908,854 | 12,625,698 | 4,283,156 | 27.9 | 25% |
| 2017 | 21,101,161 | 17,885,538 | 3,215,623 | 21.8 | 21% |
| 2018 | 16,174,799 | 15,581,206 | 593,593 | 25.4 | 27% |
| 2019 | 16,044,629 | 15,819,308 | 225,321 | 19.3 | 24% |
| 2020 | 43,437,438 | 16,533,531 | 26,903,907 | 38.6 | 24% |
| 2021 | 24,959,106 | 24,114,643 | 844,463 | 26.5 | 20% |
| 2022 | 16,452,878 | 13,825,024 | 2,627,854 | 45.4 | 29% |
| 2023 | 18,999,928 | 25,123,190 | −6,123,262 | 22.4 | 18% |
In its most recent public year (2023), this organization spent $6,123,262 more than it brought in. Its reserves stood at about 22.4 months of spending, down from 26.4 in 2010. Staff pay was 18% of spending. $18,632,297 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
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