Hearts Empowering The Poor Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 56,324 | 50,486 | 5,838 | 8.1 | — |
| 2019 | 85,894 | 57,511 | 28,383 | 13.1 | — |
| 2020 | 89,579 | 57,104 | 32,475 | 20.0 | — |
| 2021 | 41,109 | 49,713 | −8,604 | 20.9 | — |
| 2022 | 106,933 | 100,174 | 6,759 | 11.2 | — |
| 2023 | 53,831 | 62,465 | −8,634 | 16.2 | — |
In its most recent public year (2023), this organization spent $8,634 more than it brought in. Its reserves stood at about 16.2 months of spending, up from 8.1 in 2018.
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
Hearts Empowering The Poor 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