Heart For Africa Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,516,467 | 2,590,490 | −74,023 | 1.5 | 14% |
| 2012 | 2,407,906 | 2,406,447 | 1,459 | 1.5 | 25% |
| 2013 | 2,428,253 | 2,098,287 | 329,966 | 3.7 | 34% |
| 2014 | 2,245,856 | 2,226,817 | 19,039 | 3.6 | 35% |
| 2015 | 2,347,794 | 2,458,725 | −110,931 | 2.7 | 34% |
| 2016 | 2,177,454 | 2,009,955 | 167,499 | 4.3 | 35% |
| 2017 | 2,646,651 | 2,631,069 | 15,582 | 3.3 | 31% |
| 2018 | 2,765,957 | 2,877,218 | −111,261 | 2.6 | 22% |
| 2019 | 3,210,581 | 2,852,423 | 358,158 | 4.1 | 24% |
| 2020 | 3,212,640 | 3,029,143 | 183,497 | 4.6 | 24% |
| 2021 | 4,060,144 | 3,627,497 | 432,647 | 5.3 | 22% |
| 2022 | 3,543,032 | 3,894,127 | −351,095 | 3.8 | 20% |
| 2023 | 5,029,192 | 4,582,399 | 446,793 | 4.4 | 24% |
In its most recent public year (2023), this organization brought in $446,793 more than it spent. Its reserves stood at about 4.4 months of spending, up from 1.5 in 2011. Staff pay was 24% of spending. $1,724,989 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
Heart For Africa 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