Hope Action Care
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 752,453 | 768,901 | −16,448 | 26.6 | 25% |
| 2021 | 822,400 | 779,776 | 42,624 | 26.9 | 26% |
| 2022 | 834,949 | 819,472 | 15,477 | 25.8 | 28% |
| 2023 | 956,367 | 894,484 | 61,883 | 24.5 | 28% |
In its most recent public year (2023), this organization brought in $61,883 more than it spent. Its reserves stood at about 24.5 months of spending, down from 26.6 in 2020. Staff pay was 28% 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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