Hope Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 132,967 | 62,345 | 70,622 | 25.0 | — |
| 2012 | 39,814 | 26,288 | 13,526 | 65.4 | — |
| 2013 | 38,110 | 105,686 | −67,576 | 8.6 | — |
| 2014 | 42,810 | 47,777 | −4,967 | 17.8 | — |
| 2015 | 49,474 | 60,065 | −10,591 | 12.0 | — |
| 2016 | 35,301 | 58,555 | −23,254 | 7.6 | — |
| 2017 | 48,875 | 41,572 | 7,303 | 12.8 | — |
| 2018 | 62,452 | 83,732 | −21,280 | 3.3 | — |
| 2019 | 39,122 | 32,999 | 6,123 | 10.6 | — |
| 2020 | 84,092 | 47,817 | 36,275 | 16.4 | — |
| 2021 | 83,418 | 70,776 | 12,642 | 13.2 | — |
| 2022 | 45,194 | 71,421 | −26,227 | 8.7 | — |
| 2023 | 43,430 | 51,983 | −8,553 | 10.0 | — |
In its most recent public year (2023), this organization spent $8,553 more than it brought in. Its reserves stood at about 10 months of spending, down from 25 in 2011.
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 Ministries 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