Hope585
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 235,505 | 69,972 | 165,533 | 30.4 | 6% |
| 2022 | 726,857 | 480,199 | 246,658 | 10.6 | 48% |
| 2023 | 1,612,695 | 989,193 | 623,502 | 12.7 | 47% |
In its most recent public year (2023), this organization brought in $623,502 more than it spent. Its reserves stood at about 12.7 months of spending, down from 30.4 in 2021. Staff pay was 47% of spending. $343,164 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
Hope585'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