Hits Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 129,502 | 22,666 | 106,836 | 73.3 | — |
| 2012 | 77,143 | 21,865 | 55,278 | 106.3 | — |
| 2013 | 47,355 | 17,663 | 29,692 | 151.8 | — |
| 2014 | 40,698 | 19,461 | 21,237 | 150.9 | — |
| 2015 | 30,049 | 19,904 | 10,145 | 153.6 | — |
| 2016 | 16,544 | 14,138 | 2,406 | 218.3 | — |
| 2017 | 32,248 | 21,423 | 10,825 | 150.1 | — |
| 2018 | 67,463 | 64,769 | 2,694 | 50.2 | — |
| 2019 | 65,108 | 51,243 | 13,865 | 66.9 | — |
| 2020 | 48,042 | 59,056 | −11,014 | 55.8 | — |
| 2021 | 67,380 | 56,356 | 11,024 | 60.8 | — |
| 2022 | 74,040 | 65,346 | 8,694 | 54.0 | — |
| 2023 | 56,375 | 54,932 | 1,443 | 64.6 | — |
In its most recent public year (2023), this organization brought in $1,443 more than it spent. Its reserves stood at about 64.6 months of spending, down from 73.3 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
Hits Foundation'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