Home Of Hope Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 15,299,447 | 14,433,609 | 865,838 | 3.3 | 62% |
| 2021 | 17,584,477 | 15,376,387 | 2,208,090 | 4.9 | 59% |
| 2022 | 16,492,529 | 15,802,423 | 690,106 | 4.8 | 57% |
| 2023 | 16,605,630 | 18,138,520 | −1,532,890 | 3.2 | 59% |
In its most recent public year (2023), this organization spent $1,532,890 more than it brought in. Its reserves stood at about 3.2 months of spending. Staff pay was 59% of spending. $393,366 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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