Restore Hope
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 218,794 | 204,272 | 14,522 | 4.3 | 0% |
| 2022 | 246,026 | 258,567 | −12,541 | 2.8 | 0% |
| 2023 | 242,453 | 264,782 | −22,329 | 1.3 | 0% |
| 2024 | 477,877 | 312,218 | 165,659 | 7.5 | 14% |
In its most recent public year (2024), this organization brought in $165,659 more than it spent. Its reserves stood at about 7.5 months of spending, up from 4.3 in 2021. Staff pay was 14% of spending. $19,453 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 2024. 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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