Operating record

Hearts Cry Childrens Ministry

Raleigh, NC · EIN 26-3138306 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$1,056,807$1,143,493−$86,6866.964%
2021$1,092,321$1,140,770−$48,4496.466%
2022$1,228,247$1,203,757$24,4906.362%
2023$1,604,759$1,515,462$89,2975.862%

In its most recent public year (2023), this organization brought in $89,297 more than it spent. Its reserves stood at about 5.8 months of spending, down from 6.9 in 2020. Staff pay was 62% 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 ↗