Beacon Of Hearts Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 55,130 | 11,328 | 43,802 | 57.4 | — |
| 2013 | 68,842 | 52,421 | 16,421 | 16.2 | — |
| 2014 | 35,763 | 48,092 | −12,329 | 14.6 | — |
| 2015 | 123,288 | 70,106 | 53,182 | 19.1 | — |
| 2016 | 41,939 | 55,336 | −13,397 | 21.3 | — |
| 2017 | 86,198 | 59,670 | 26,528 | 25.1 | — |
| 2018 | 32,685 | 37,484 | −4,799 | 38.4 | — |
| 2019 | 50,091 | 56,851 | −6,760 | 23.9 | — |
| 2020 | 89,240 | 121,981 | −32,741 | 7.9 | — |
| 2021 | 149,468 | 124,619 | 24,849 | 10.1 | — |
| 2022 | 183,755 | 130,084 | 53,671 | 14.7 | — |
| 2023 | 150,675 | 225,000 | −74,325 | 4.5 | — |
In its most recent public year (2023), this organization spent $74,325 more than it brought in. Its reserves stood at about 4.5 months of spending, down from 57.4 in 2012.
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
Beacon Of 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