Heartbound Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 263,986 | 253,265 | 10,721 | 7.0 | 9% |
| 2012 | 171,595 | 217,393 | −45,798 | 5.7 | — |
| 2013 | 246,183 | 178,397 | 67,786 | 11.4 | 13% |
| 2014 | 266,445 | 247,929 | 18,516 | 9.1 | 20% |
| 2015 | 291,154 | 283,213 | 7,941 | 8.3 | 18% |
| 2016 | 290,780 | 215,351 | 75,429 | 15.2 | 27% |
| 2017 | 336,025 | 278,086 | 57,939 | 14.2 | 19% |
| 2018 | 360,287 | 355,399 | 4,888 | 11.3 | 9% |
| 2019 | 398,306 | 401,521 | −3,215 | 9.9 | 20% |
| 2020 | 381,907 | 298,651 | 83,256 | 16.7 | 28% |
| 2021 | 402,089 | 288,183 | 113,906 | 22.0 | 26% |
| 2022 | 394,602 | 338,327 | 56,275 | 20.8 | 27% |
| 2023 | 566,813 | 439,448 | 127,365 | 19.5 | 28% |
In its most recent public year (2023), this organization brought in $127,365 more than it spent. Its reserves stood at about 19.5 months of spending, up from 7 in 2011. Staff pay was 28% 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
Heartbound Ministries 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