Precious Hearts Development Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 156,224 | 149,599 | 6,625 | 3.6 | — |
| 2012 | 189,126 | 171,574 | 17,552 | 4.4 | — |
| 2013 | 187,831 | 192,978 | −5,147 | 3.6 | — |
| 2014 | 233,041 | 188,240 | 44,801 | 6.3 | 72% |
| 2015 | 238,132 | 203,187 | 34,945 | 7.9 | 67% |
| 2016 | 259,541 | 243,511 | 16,030 | 7.4 | 62% |
| 2017 | 255,969 | 253,026 | 2,943 | 7.3 | 63% |
| 2018 | 194,908 | 229,660 | −34,752 | 6.2 | 66% |
| 2019 | 300,523 | 243,738 | 56,785 | 8.6 | 65% |
| 2020 | 463,564 | 301,989 | 161,575 | 13.4 | 62% |
| 2021 | 509,832 | 402,533 | 107,299 | 13.2 | 49% |
| 2022 | 611,465 | 414,978 | 196,487 | 18.5 | 63% |
| 2023 | 567,260 | 471,109 | 96,151 | 18.8 | 59% |
In its most recent public year (2023), this organization brought in $96,151 more than it spent. Its reserves stood at about 18.8 months of spending, up from 3.6 in 2011. Staff pay was 59% 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
Precious Hearts Development Center 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