Blankets Of Hope Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 163,219 | 72,614 | 90,605 | 15.0 | — |
| 2020 | 254,228 | 211,641 | 42,587 | 7.6 | 50% |
| 2021 | 580,978 | 409,266 | 171,712 | 8.9 | 44% |
| 2022 | 522,007 | 674,174 | −152,167 | 1.4 | 40% |
| 2023 | 288,275 | 321,533 | −33,258 | 3.0 | 62% |
In its most recent public year (2023), this organization spent $33,258 more than it brought in. Its reserves stood at about 3 months of spending, down from 15 in 2019. Staff pay was 62% 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 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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