Hope For Life Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 95,951 | 28,574 | 67,377 | 28.3 | — |
| 2019 | 87,570 | 130,529 | −42,959 | 2.2 | — |
| 2020 | 62,908 | 85,715 | −22,807 | 0.2 | — |
| 2021 | 51,206 | 47,688 | 3,518 | 1.3 | — |
| 2022 | 6,620 | 9,083 | −2,463 | 3.5 | — |
| 2023 | 5,777 | 10,055 | −4,278 | 20.8 | — |
In its most recent public year (2023), this organization spent $4,278 more than it brought in. Its reserves stood at about 20.8 months of spending, down from 28.3 in 2018.
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
Hope For Life Ministries'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