Howard Beach Hope Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 29,030 | 12,944 | 16,086 | 14.9 | 0% |
| 2021 | 42,951 | 25,022 | 17,929 | 16.3 | 0% |
| 2022 | 31,320 | 10,250 | 21,070 | 64.5 | 0% |
| 2023 | 30,185 | 22,579 | 7,606 | 33.3 | 0% |
In its most recent public year (2023), this organization brought in $7,606 more than it spent. Its reserves stood at about 33.3 months of spending, up from 14.9 in 2020. 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
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