Reclaimed Hope Initiative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 150,587 | 91,016 | 59,571 | 10.8 | — |
| 2022 | 269,398 | 250,737 | 18,661 | 4.8 | 16% |
| 2023 | 497,960 | 537,701 | −39,741 | 1.5 | 39% |
In its most recent public year (2023), this organization spent $39,741 more than it brought in. Its reserves stood at about 1.5 months of spending, down from 10.8 in 2021. Staff pay was 39% of spending. $5,000 of its net assets are donor-restricted.
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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