Growing Hope Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 491,888 | 424,695 | 67,193 | 10.9 | 39% |
| 2012 | 412,583 | 374,340 | 38,243 | 13.8 | 50% |
| 2013 | 489,080 | 547,828 | −58,748 | 8.1 | 55% |
| 2014 | 600,311 | 638,960 | −38,649 | 6.2 | 58% |
| 2015 | 761,779 | 659,840 | 101,939 | 8.5 | 56% |
| 2016 | 820,702 | 684,579 | 136,123 | 11.5 | 59% |
| 2017 | 783,631 | 860,584 | −76,953 | 8.6 | 63% |
| 2018 | 718,909 | 729,836 | −10,927 | 10.1 | 61% |
| 2019 | 745,548 | 726,603 | 18,945 | 10.4 | 57% |
| 2020 | 1,080,609 | 786,612 | 293,997 | 14.1 | 60% |
| 2021 | 1,461,456 | 817,867 | 643,589 | 23.0 | 60% |
| 2022 | 899,361 | 825,479 | 73,882 | 23.9 | 63% |
| 2023 | 871,497 | 821,108 | 50,389 | 24.7 | 57% |
In its most recent public year (2023), this organization brought in $50,389 more than it spent. Its reserves stood at about 24.7 months of spending, up from 10.9 in 2011. Staff pay was 57% of spending. $164,352 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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