Heartlight Ministries Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,170,281 | 997,761 | 172,520 | 11.5 | 25% |
| 2012 | 956,368 | 1,025,889 | −69,521 | 10.4 | 29% |
| 2013 | 3,630,016 | 1,319,776 | 2,310,240 | 29.1 | 28% |
| 2014 | 2,110,175 | 1,475,495 | 634,680 | 32.1 | 8% |
| 2015 | 1,661,229 | 1,705,065 | −43,836 | 27.5 | 25% |
| 2016 | 1,519,186 | 1,253,812 | 265,374 | 39.9 | 27% |
| 2017 | 1,442,645 | 1,596,424 | −153,779 | 30.2 | 25% |
| 2018 | 2,880,442 | 1,987,724 | 892,718 | 30.4 | 27% |
| 2019 | 1,626,482 | 2,385,421 | −758,939 | 20.6 | 24% |
| 2020 | 2,169,797 | 2,220,500 | −50,703 | 21.8 | 18% |
| 2021 | 2,440,619 | 2,088,945 | 351,674 | 25.2 | 22% |
| 2022 | 1,634,263 | 2,096,958 | −462,695 | 22.5 | 21% |
| 2023 | 1,664,794 | 2,238,014 | −573,220 | 18.0 | 26% |
In its most recent public year (2023), this organization spent $573,220 more than it brought in. Its reserves stood at about 18 months of spending, up from 11.5 in 2011. Staff pay was 26% 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
Heartlight Ministries Foundation'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