House Of Hope Midwest
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,223,385 | 2,268,306 | −44,921 | 0.2 | 1% |
| 2021 | 332,957 | 337,558 | −4,601 | 1.4 | 16% |
| 2022 | 326,731 | 338,458 | −11,727 | 1.0 | 9% |
| 2023 | 267,019 | 214,974 | 52,045 | 4.4 | 4% |
In its most recent public year (2023), this organization brought in $52,045 more than it spent. Its reserves stood at about 4.4 months of spending, up from 0.2 in 2020. Staff pay was 4% 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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