Global Heart Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 85,517 | 93,540 | −8,023 | 1.7 | — |
| 2012 | 160,601 | 134,557 | 26,044 | 3.5 | — |
| 2013 | 231,455 | 239,436 | −7,981 | 1.6 | 16% |
| 2014 | 313,476 | 279,521 | 33,955 | 2.8 | 15% |
| 2016 | 404,866 | 399,457 | 5,409 | 1.6 | 40% |
| 2017 | 617,812 | 451,053 | 166,759 | 5.9 | 51% |
| 2018 | 1,029,970 | 900,799 | 129,171 | 4.6 | 49% |
| 2019 | 1,113,425 | 1,110,825 | 2,600 | 3.8 | 54% |
| 2020 | 895,292 | 883,302 | 11,990 | 4.9 | 57% |
| 2021 | 1,143,268 | 1,092,647 | 50,621 | 4.5 | 36% |
| 2022 | 1,140,346 | 1,018,261 | 122,085 | 6.3 | 44% |
| 2023 | 790,409 | 1,071,544 | −281,135 | 2.8 | 48% |
In its most recent public year (2023), this organization spent $281,135 more than it brought in. Its reserves stood at about 2.8 months of spending, up from 1.7 in 2011. Staff pay was 48% of spending. $65,000 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
Global Heart 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