Converting Hearts Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 370,092 | 314,245 | 55,847 | 3.4 | 39% |
| 2013 | 349,467 | 347,710 | 1,757 | 1.3 | 47% |
| 2014 | 536,775 | 220,852 | 315,923 | 19.2 | 44% |
| 2015 | 167,447 | 201,716 | −34,269 | 19.0 | 40% |
| 2016 | 215,461 | 213,141 | 2,320 | 18.1 | 46% |
| 2017 | 181,634 | 168,435 | 13,199 | 23.9 | 36% |
| 2018 | 241,623 | 224,627 | 16,996 | 18.8 | 28% |
| 2019 | 154,739 | 217,863 | −63,124 | 15.9 | 35% |
| 2020 | 209,217 | 195,416 | 13,801 | 18.6 | 39% |
| 2021 | 237,798 | 243,218 | −5,420 | 14.7 | 47% |
| 2022 | 293,133 | 270,839 | 22,294 | 14.1 | 44% |
| 2023 | 356,941 | 311,895 | 45,046 | 14.0 | 44% |
In its most recent public year (2023), this organization brought in $45,046 more than it spent. Its reserves stood at about 14 months of spending, up from 3.4 in 2011. Staff pay was 44% 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
Converting Hearts Ministries 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