Shores Of Hope
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,033,759 | 946,141 | 1,087,618 | 22.1 | 6% |
| 2012 | 813,088 | 949,949 | −136,861 | 20.3 | 61% |
| 2013 | 879,531 | 902,985 | −23,454 | 21.0 | 53% |
| 2014 | 834,395 | 1,068,309 | −233,914 | 15.1 | 53% |
| 2015 | 979,568 | 1,080,897 | −101,329 | 13.8 | 59% |
| 2016 | 865,756 | 1,026,119 | −160,363 | 12.7 | 54% |
| 2017 | 1,112,056 | 1,077,150 | 34,906 | 12.5 | 55% |
| 2018 | 1,423,760 | 1,107,075 | 316,685 | 15.5 | 63% |
| 2019 | 1,906,487 | 1,367,914 | 538,573 | 17.3 | 57% |
| 2020 | 1,501,402 | 1,572,378 | −70,976 | 14.5 | 52% |
| 2021 | 1,599,459 | 1,349,895 | 249,564 | 19.1 | 52% |
| 2022 | 1,722,751 | 1,685,967 | 36,784 | 15.6 | 49% |
| 2023 | 1,629,398 | 1,790,012 | −160,614 | 13.6 | 52% |
In its most recent public year (2023), this organization spent $160,614 more than it brought in. Its reserves stood at about 13.6 months of spending, down from 22.1 in 2011. Staff pay was 52% 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
Shores Of Hope'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