Ray Of Hope Institute Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 55,476 | 41,473 | 14,003 | 4.1 | — |
| 2021 | 344,794 | 191,081 | 153,713 | 10.5 | 33% |
| 2022 | 474,221 | 464,772 | 9,449 | 4.6 | 27% |
| 2023 | 1,033,059 | 940,579 | 92,480 | 3.3 | 41% |
In its most recent public year (2023), this organization brought in $92,480 more than it spent. Its reserves stood at about 3.3 months of spending. Staff pay was 41% 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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