Packages Of Hope Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 923 | 23 | 900 | 9551.5 | — |
| 2021 | 1,911 | 4,608 | −2,697 | 40.7 | — |
| 2022 | 1,626 | 1,596 | 30 | 117.6 | — |
| 2023 | 1,327 | 3,780 | −2,453 | 41.9 | — |
In its most recent public year (2023), this organization spent $2,453 more than it brought in. Its reserves stood at about 41.9 months of spending, down from 9551.5 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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