Hope For Haitians Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 0 | 0 | 0 | — | — |
| 2021 | 506,104 | 607,739 | −101,635 | 16.3 | 6% |
| 2022 | 635,130 | 838,157 | −203,027 | 8.4 | 10% |
| 2023 | 590,126 | 338,642 | 251,484 | 30.4 | 26% |
In its most recent public year (2023), this organization brought in $251,484 more than it spent. Its reserves stood at about 30.4 months of spending. Staff pay was 26% of spending. $32,678 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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