Lighthouse Of Hope Mk Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 48,112 | 9,942 | 38,170 | 162.8 | — |
| 2021 | 40,555 | 16,045 | 24,510 | 119.2 | — |
| 2022 | 91,181 | 66,863 | 24,318 | 33.0 | — |
| 2023 | 66,251 | 66,472 | −221 | 33.9 | — |
In its most recent public year (2023), this organization spent $221 more than it brought in. Its reserves stood at about 33.9 months of spending, down from 162.8 in 2020.
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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