Operating record

Broken Hearts Ministries

Matthews, NC · EIN 20-1605459 · files the short form (990-EZ), so reduced detail · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$55,956$51,179$4,777-0.3
2021$65,055$58,717$6,3381.0
2022$57,619$45,872$11,7474.4
2023$41,096$31,374$9,72210.1

In its most recent public year (2023), this organization brought in $9,722 more than it spent. Its reserves stood at about 10.1 months of spending, up from -0.3 in 2020.

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 ↗