Hope House Ministry Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 520,928 | 175,695 | 345,233 | 24.0 | 0% |
| 2021 | 343,103 | 279,312 | 63,791 | 16.8 | 0% |
| 2022 | 316,406 | 304,704 | 11,702 | 15.9 | 16% |
| 2023 | 374,768 | 294,633 | 80,135 | 19.7 | 21% |
In its most recent public year (2023), this organization brought in $80,135 more than it spent. Its reserves stood at about 19.7 months of spending, down from 24 in 2020. Staff pay was 21% 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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