Gratiot County Hope House
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 97,414 | 85,149 | 12,265 | 5.2 | — |
| 2020 | 38,882 | 36,350 | 2,532 | 13.0 | — |
| 2021 | 98,699 | 112,700 | −14,001 | 2.7 | — |
| 2022 | 367,315 | 220,103 | 147,212 | 9.4 | 68% |
| 2023 | 419,884 | 327,305 | 92,579 | 8.7 | 69% |
In its most recent public year (2023), this organization brought in $92,579 more than it spent. Its reserves stood at about 8.7 months of spending, up from 5.2 in 2019. Staff pay was 69% of spending. $28,298 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
Gratiot County Hope House'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