Transforming Hearts Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 86,373 | 58,908 | 27,465 | 5.8 | — |
| 2012 | 129,408 | 119,777 | 9,631 | 3.8 | — |
| 2013 | 132,457 | 111,683 | 20,774 | 6.0 | — |
| 2014 | 139,961 | 136,671 | 3,290 | 5.0 | — |
| 2015 | 107,337 | 109,220 | −1,883 | 6.1 | — |
| 2016 | 114,538 | 119,767 | −5,229 | 4.1 | — |
| 2017 | 153,074 | 142,276 | 10,798 | 0.0 | — |
| 2018 | 251,780 | 196,435 | 55,345 | 5.8 | 12% |
| 2019 | 137,796 | 184,376 | −46,580 | 3.3 | — |
| 2020 | 70,351 | 48,095 | 22,256 | 18.3 | — |
| 2021 | 147,507 | 110,725 | 36,782 | 11.8 | — |
| 2022 | 134,737 | 116,387 | 18,350 | 13.3 | — |
| 2023 | 156,844 | 152,706 | 4,138 | 9.6 | — |
In its most recent public year (2023), this organization brought in $4,138 more than it spent. Its reserves stood at about 9.6 months of spending, up from 5.8 in 2011.
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
Transforming 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