Resources Of Hope Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 91,616 | 26,549 | 65,067 | 42.0 | — |
| 2022 | 128,143 | 93,578 | 34,565 | 16.3 | — |
| 2023 | 218,580 | 119,525 | 99,055 | 22.7 | 40% |
In its most recent public year (2023), this organization brought in $99,055 more than it spent. Its reserves stood at about 22.7 months of spending, down from 42 in 2021. Staff pay was 40% of spending. $19,420 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
Resources Of Hope Inc'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