Rare Hope Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 93,801 | 45,066 | 48,735 | 13.0 | 0% |
| 2019 | 668,429 | 53,058 | 615,371 | 150.2 | 0% |
| 2020 | 125,842 | 124,934 | 908 | 63.9 | 0% |
| 2021 | 13,795 | 139,746 | −125,951 | 46.3 | 0% |
| 2022 | 231,023 | 68,279 | 162,744 | 123.3 | 0% |
In its most recent public year (2022), this organization brought in $162,744 more than it spent. Its reserves stood at about 123.3 months of spending, up from 13 in 2018. Staff pay was 0% of spending.
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 2022. 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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