Caring Hearts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 13,382 | 11,988 | 1,394 | 10.0 | — |
| 2020 | 13,268 | 12,658 | 610 | 10.0 | — |
| 2021 | 10,025 | 13,115 | −3,090 | 6.8 | 0% |
In its most recent public year (2021), this organization spent $3,090 more than it brought in. Its reserves stood at about 6.8 months of spending, down from 10 in 2019. 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 2021. 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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