Ray Of Hope Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,880 | 8,432 | −3,552 | 12.0 | — |
| 2012 | 7,230 | 6,461 | 769 | 16.6 | — |
| 2013 | 7,188 | 7,288 | −100 | 15.0 | — |
| 2014 | 7,890 | 5,977 | 1,913 | 22.1 | — |
| 2015 | 3,893 | 2,986 | 907 | 47.9 | — |
| 2016 | 700 | 2,571 | −1,871 | 46.9 | — |
| 2017 | 4,573 | 7,541 | −2,968 | 11.3 | — |
| 2019 | 5,705 | 4,336 | 1,369 | 25.4 | — |
| 2020 | 4,136 | 1,808 | 2,328 | 76.5 | — |
| 2021 | 2,987 | 1,452 | 1,535 | 107.9 | — |
| 2022 | 1,231 | 2,050 | −819 | 71.6 | — |
| 2023 | 589 | 1,582 | −993 | 85.3 | — |
In its most recent public year (2023), this organization spent $993 more than it brought in. Its reserves stood at about 85.3 months of spending, up from 12 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
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