Source Of Light And Hope Development Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 720,874 | 779,113 | −58,239 | 3.4 | 0% |
| 2012 | 852,325 | 726,947 | 125,378 | 5.7 | 0% |
| 2013 | 723,509 | 714,865 | 8,644 | 6.8 | 0% |
| 2014 | 915,751 | 886,497 | 29,254 | 6.2 | 0% |
| 2015 | 798,337 | 887,308 | −88,971 | 5.0 | 0% |
| 2016 | 875,937 | 876,219 | −282 | 5.9 | 0% |
| 2017 | 887,994 | 871,737 | 16,257 | 4.5 | 0% |
| 2018 | 723,592 | 822,275 | −98,683 | 3.2 | 0% |
| 2019 | 667,797 | 776,512 | −108,715 | 1.6 | 0% |
| 2020 | 647,637 | 804,846 | −157,209 | -0.9 | 0% |
| 2021 | 982,398 | 774,228 | 208,170 | 2.0 | 0% |
| 2022 | 724,908 | 764,551 | −39,643 | 1.6 | 0% |
| 2023 | 1,032,434 | 1,069,198 | −36,764 | 0.8 | 0% |
In its most recent public year (2023), this organization spent $36,764 more than it brought in. Its reserves stood at about 0.8 months of spending, down from 3.4 in 2011. Staff pay was 0% 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
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