Hopebound Mental Health
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 439,377 | 93,900 | 345,477 | 47.9 | 45% |
| 2021 | 587,558 | 297,087 | 290,471 | 26.0 | 49% |
| 2022 | 429,043 | 544,486 | −115,443 | 11.5 | 55% |
| 2023 | 662,392 | 908,104 | −245,712 | 3.7 | 40% |
In its most recent public year (2023), this organization spent $245,712 more than it brought in. Its reserves stood at about 3.7 months of spending, down from 47.9 in 2020. Staff pay was 40% of spending. $12,500 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
Hopebound Mental Health'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