Anchor Of Hope Charities
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 128,430 | 123,883 | 4,547 | 2.1 | — |
| 2012 | 115,360 | 130,387 | −15,027 | 0.6 | — |
| 2013 | 34,346 | 37,314 | −2,968 | 1.2 | — |
| 2014 | 40,302 | 43,849 | −3,547 | 0.0 | — |
| 2015 | 178,248 | 178,107 | 141 | 0.0 | — |
| 2016 | 486,768 | 486,466 | 302 | 0.0 | 0% |
| 2017 | 670,146 | 668,725 | 1,421 | -0.3 | 0% |
| 2018 | 1,000,507 | 1,002,067 | −1,560 | -0.2 | 0% |
| 2019 | 242,405 | 242,719 | −314 | -0.9 | 0% |
| 2020 | 3,847 | 3,205 | 642 | 2.7 | — |
In its most recent public year (2020), this organization brought in $642 more than it spent. Its reserves stood at about 2.7 months 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 2020. 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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