Hope And Faith Community Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 83,180 | 20,561 | 62,619 | 36.5 | — |
| 2018 | 26,750 | 40,350 | −13,600 | 14.6 | — |
| 2019 | 61,000 | 64,218 | −3,218 | 8.6 | — |
| 2020 | 97,600 | 19,766 | 77,834 | 75.1 | — |
| 2021 | 17,000 | 33,360 | −16,360 | 38.6 | — |
| 2022 | 20,670 | 36,817 | −16,147 | 29.7 | — |
| 2023 | 2,000 | 22,516 | −20,516 | 37.6 | — |
In its most recent public year (2023), this organization spent $20,516 more than it brought in. Its reserves stood at about 37.6 months of spending, up from 36.5 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
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