Gifts From The Heart Food Bank
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 81,733 | 37,341 | 44,392 | 112.4 | — |
| 2020 | 181,712 | 40,528 | 141,184 | 145.3 | — |
| 2021 | 149,705 | 31,331 | 118,374 | 233.3 | 0% |
| 2022 | 103,170 | 42,342 | 60,828 | 189.9 | 0% |
| 2023 | 343,498 | 46,217 | 297,281 | 251.2 | 0% |
In its most recent public year (2023), this organization brought in $297,281 more than it spent. Its reserves stood at about 251.2 months of spending, up from 112.4 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 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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