Hearts Of Christ Childrens Ministry
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 272,657 | 266,407 | 6,250 | 15.6 | 0% |
| 2021 | 257,921 | 265,040 | −7,119 | 15.4 | 0% |
| 2022 | 313,079 | 315,387 | −2,308 | 12.8 | 0% |
| 2023 | 288,202 | 321,632 | −33,430 | 11.3 | 0% |
In its most recent public year (2023), this organization spent $33,430 more than it brought in. Its reserves stood at about 11.3 months of spending, down from 15.6 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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