The Center Of Hope
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 1,134,170 | 0 | 1,134,170 | — | — |
| 2020 | 18,114 | 2,826 | 15,288 | 4880.9 | 0% |
| 2021 | 291,333 | 662,449 | −371,116 | 10.6 | 0% |
| 2022 | 236,000 | 1,648,060 | −1,412,060 | -8.9 | 0% |
| 2023 | 118,000 | 1,559,112 | −1,441,112 | -20.5 | 0% |
In its most recent public year (2023), this organization spent $1,441,112 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-20.5 months). Staff pay was 0% 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
The Center Of Hope'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