Place Of Hope Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,423,644 | 3,332,776 | 1,090,868 | 33.4 | 48% |
| 2012 | 4,965,857 | 4,454,890 | 510,967 | 26.5 | 43% |
| 2013 | 5,499,762 | 4,336,993 | 1,162,769 | 31.0 | 48% |
| 2014 | 5,667,327 | 5,061,927 | 605,400 | 28.0 | 47% |
| 2015 | 6,612,377 | 5,385,394 | 1,226,983 | 28.5 | 48% |
| 2016 | 7,562,113 | 5,817,845 | 1,744,268 | 30.4 | 52% |
| 2017 | 10,165,174 | 6,132,499 | 4,032,675 | 38.0 | 50% |
| 2018 | 9,101,867 | 6,892,580 | 2,209,287 | 36.4 | 47% |
| 2019 | 13,176,214 | 7,902,921 | 5,273,293 | 41.4 | 48% |
| 2020 | 13,850,590 | 7,165,010 | 6,685,580 | 40.6 | 50% |
| 2021 | 11,864,178 | 7,408,855 | 4,455,323 | 47.0 | 49% |
| 2022 | 21,028,896 | 7,856,598 | 13,172,298 | 60.0 | 45% |
| 2023 | 15,864,213 | 27,402,984 | −11,538,771 | 14.1 | 15% |
In its most recent public year (2023), this organization spent $11,538,771 more than it brought in. Its reserves stood at about 14.1 months of spending, down from 33.4 in 2011. Staff pay was 15% of spending. $9,818,046 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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