Illumin8 Hope Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 34,595 | 32,060 | 2,535 | 0.9 | — |
| 2021 | 74,482 | 73,001 | 1,481 | 0.7 | — |
| 2022 | 61,192 | 61,659 | −467 | 0.6 | — |
| 2023 | 85,646 | 79,054 | 6,592 | 1.5 | — |
In its most recent public year (2023), this organization brought in $6,592 more than it spent. Its reserves stood at about 1.5 months 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
Illumin8 Hope Ministries Inc'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