Hope Place Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 418,058 | 1,001,150 | −583,092 | 15.5 | 4% |
| 2012 | 414,560 | 1,054,093 | −639,533 | 7.5 | 6% |
| 2013 | 419,396 | 1,080,582 | −661,186 | -0.0 | 6% |
| 2014 | 418,987 | 1,055,660 | −636,673 | -7.3 | 5% |
| 2015 | 418,923 | 1,009,936 | −591,013 | -14.6 | 3% |
| 2016 | 416,767 | 1,044,785 | −628,018 | -21.4 | 5% |
| 2017 | 415,972 | 1,060,178 | −644,206 | -28.3 | 6% |
| 2018 | 418,992 | 1,116,785 | −697,793 | -34.7 | 5% |
| 2019 | 395,425 | 938,447 | −543,022 | -48.4 | 6% |
| 2020 | 429,984 | 1,097,446 | −667,462 | -48.7 | 6% |
| 2021 | 407,474 | 1,246,477 | −839,003 | -51.0 | 6% |
| 2022 | 407,474 | 1,245,264 | −837,790 | -59.1 | 6% |
| 2023 | 457,616 | 1,181,168 | −723,552 | -46.2 | 4% |
In its most recent public year (2023), this organization spent $723,552 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-46.2 months), down from 15.5 in 2011. Staff pay was 4% 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
Hope Place Housing Corporation'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