Inheritance Of Hope Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 836,533 | 803,381 | 33,152 | 2.0 | 9% |
| 2012 | 897,737 | 844,826 | 52,911 | 2.7 | 9% |
| 2013 | 1,405,577 | 742,721 | 662,856 | 13.8 | 21% |
| 2014 | 1,103,967 | 1,026,746 | 77,221 | 11.4 | 21% |
| 2015 | 843,777 | 734,240 | 109,537 | 18.3 | 35% |
| 2016 | 945,965 | 927,873 | 18,092 | 13.8 | 33% |
| 2017 | 1,616,488 | 1,006,464 | 610,024 | 20.4 | 34% |
| 2018 | 1,148,912 | 1,326,114 | −177,202 | 13.2 | 34% |
| 2019 | 1,070,012 | 1,354,564 | −284,552 | 10.4 | 34% |
| 2020 | 2,142,288 | 1,386,301 | 755,987 | 17.3 | 48% |
| 2021 | 1,774,285 | 1,413,541 | 360,744 | 20.9 | 60% |
| 2022 | 2,184,244 | 2,170,820 | 13,424 | 13.0 | 44% |
| 2023 | 1,958,642 | 2,105,793 | −147,151 | 12.0 | 48% |
In its most recent public year (2023), this organization spent $147,151 more than it brought in. Its reserves stood at about 12 months of spending, up from 2 in 2011. Staff pay was 48% 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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