Renewed Hope Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 58,600 | 53,441 | 5,159 | 5.6 | — |
| 2020 | 52,600 | 67,492 | −14,892 | 1.8 | — |
| 2021 | 84,500 | 93,222 | −8,722 | 0.2 | — |
| 2022 | 90,000 | 87,000 | 3,000 | 0.6 | — |
| 2023 | 119,000 | 116,500 | 2,500 | 0.7 | — |
In its most recent public year (2023), this organization brought in $2,500 more than it spent. Its reserves stood at about 0.7 months of spending, down from 5.6 in 2019.
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
Renewed Hope Ministries'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