Rays Of Hope Usa
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 21,904 | 10,643 | 11,261 | 12.7 | — |
| 2017 | 7,045 | 5,391 | 1,654 | 28.7 | — |
| 2018 | 4,327 | 14,119 | −9,792 | 2.7 | — |
| 2019 | 3,152 | 325 | 2,827 | 219.7 | — |
| 2020 | 24,619 | 29,025 | −4,406 | 0.6 | — |
In its most recent public year (2020), this organization spent $4,406 more than it brought in. Its reserves stood at about 0.6 months of spending, down from 12.7 in 2016.
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 2020. 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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