Open Hearth Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 494,351 | 462,569 | 31,782 | 17.6 | 68% |
| 2012 | 482,721 | 453,702 | 29,019 | 18.8 | 69% |
| 2013 | 674,855 | 596,757 | 78,098 | 15.9 | 58% |
| 2014 | 743,027 | 691,961 | 51,066 | 14.6 | 58% |
| 2015 | 654,455 | 647,469 | 6,986 | 15.7 | 68% |
| 2016 | 744,443 | 698,627 | 45,816 | 15.4 | 58% |
| 2017 | 1,452,997 | 1,406,373 | 46,624 | 8.1 | 35% |
| 2018 | 1,514,076 | 1,494,265 | 19,811 | 7.1 | 34% |
| 2019 | 1,609,684 | 1,615,572 | −5,888 | 6.6 | 30% |
| 2020 | 1,965,186 | 1,925,405 | 39,781 | 5.8 | 30% |
| 2021 | 5,308,123 | 4,450,315 | 857,808 | 4.8 | 16% |
| 2023 | 3,138,465 | 3,012,163 | 126,302 | 12.1 | 35% |
In its most recent public year (2023), this organization brought in $126,302 more than it spent. Its reserves stood at about 12.1 months of spending, down from 17.6 in 2011. Staff pay was 35% of spending. $225,010 of its net assets are donor-restricted.
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
Open Hearth Inc'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