Restore Hope Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,590,177 | 1,501,055 | 89,122 | 15.2 | 17% |
| 2012 | 1,189,822 | 1,343,478 | −153,656 | 15.6 | 18% |
| 2013 | 1,082,369 | 1,011,464 | 70,905 | 21.6 | 27% |
| 2014 | 1,083,084 | 1,120,528 | −37,444 | 19.1 | 26% |
| 2015 | 1,135,329 | 1,074,501 | 60,828 | 14.3 | 31% |
| 2016 | 1,159,828 | 1,086,537 | 73,291 | 14.9 | 31% |
| 2017 | 1,137,763 | 1,208,768 | −71,005 | 12.8 | 31% |
| 2018 | 1,313,044 | 1,257,871 | 55,173 | 13.1 | 29% |
| 2019 | 1,460,751 | 1,483,083 | −22,332 | 12.1 | 26% |
| 2020 | 1,819,203 | 1,466,559 | 352,644 | 16.8 | 28% |
| 2021 | 10,753,534 | 10,201,579 | 551,955 | 3.2 | 5% |
| 2022 | 50,873,376 | 50,401,526 | 471,850 | 0.7 | 1% |
| 2023 | 7,022,743 | 6,511,981 | 510,762 | 6.6 | 8% |
In its most recent public year (2023), this organization brought in $510,762 more than it spent. Its reserves stood at about 6.6 months of spending, down from 15.2 in 2011. Staff pay was 8% of spending. $1,008,016 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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