Palm Of Hope
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 82,639 | 75,289 | 7,350 | 1.8 | — |
| 2018 | 73,908 | 76,368 | −2,460 | 1.4 | — |
| 2019 | 93,988 | 98,357 | −4,369 | 0.6 | — |
| 2020 | 97,407 | 81,237 | 16,170 | 3.2 | — |
| 2021 | 102,128 | 102,151 | −23 | 2.5 | — |
| 2022 | 164,748 | 165,199 | −451 | 1.5 | — |
| 2023 | 47,892 | 52,970 | −5,078 | 3.7 | — |
In its most recent public year (2023), this organization spent $5,078 more than it brought in. Its reserves stood at about 3.7 months of spending, up from 1.8 in 2017.
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
Palm Of Hope's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works