Hearts United Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 120,569 | 90,907 | 29,662 | 18.5 | — |
| 2012 | 136,752 | 116,228 | 20,524 | 16.6 | — |
| 2013 | 126,747 | 118,411 | 8,336 | 17.2 | — |
| 2014 | 128,956 | 129,959 | −1,003 | 15.5 | — |
| 2015 | 199,694 | 144,388 | 55,306 | 18.6 | — |
| 2016 | 226,672 | 156,700 | 69,972 | 22.5 | 32% |
| 2017 | 220,313 | 158,414 | 61,899 | 26.9 | 34% |
| 2018 | 306,141 | 173,448 | 132,693 | 33.8 | 37% |
| 2019 | 328,118 | 205,174 | 122,944 | 35.7 | 44% |
| 2020 | 285,251 | 237,511 | 47,740 | 33.3 | 52% |
| 2022 | 362,891 | 339,139 | 23,752 | 26.4 | 53% |
| 2023 | 351,710 | 349,016 | 2,694 | 25.7 | 53% |
In its most recent public year (2023), this organization brought in $2,694 more than it spent. Its reserves stood at about 25.7 months of spending, up from 18.5 in 2011. Staff pay was 53% of spending. $128,944 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
Hearts United Association'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