Spencer Community Of Hope Ii Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 106,578 | 133,271 | −26,693 | -49.7 | 9% |
| 2021 | 97,305 | 132,264 | −34,959 | -53.3 | 6% |
| 2022 | 83,082 | 148,801 | −65,719 | -52.7 | 4% |
| 2023 | 104,984 | 115,510 | −10,526 | -68.9 | 7% |
In its most recent public year (2023), this organization spent $10,526 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-68.9 months), down from -49.7 in 2020. Staff pay was 7% 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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