Heritage Community Of Kalamazoo
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,526,585 | 2,516,346 | 10,239 | 0.5 | 50% |
| 2013 | 2,293,911 | 2,286,535 | 7,376 | -11.5 | 60% |
| 2014 | 2,683,195 | 2,716,993 | −33,798 | -10.4 | 59% |
| 2015 | 2,708,131 | 2,701,935 | 6,196 | -10.5 | 62% |
| 2016 | 2,843,982 | 2,928,649 | −84,667 | -10.0 | 60% |
| 2017 | 3,070,412 | 3,076,577 | −6,165 | -9.6 | 60% |
| 2018 | 3,318,636 | 3,379,464 | −60,828 | -8.9 | 63% |
| 2019 | 3,790,310 | 5,749,294 | −1,958,984 | -9.3 | 41% |
| 2020 | 3,792,552 | 4,819,893 | −1,027,341 | -13.7 | 52% |
| 2021 | 4,614,079 | 4,176,501 | 437,578 | -14.5 | 63% |
| 2022 | 4,556,298 | 4,612,334 | −56,036 | -13.3 | 57% |
| 2023 | 6,119,272 | 5,511,506 | 607,766 | -9.8 | 57% |
In its most recent public year (2023), this organization brought in $607,766 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-9.8 months), down from 0.5 in 2011. Staff pay was 57% of spending. $4,284 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
Heritage Community Of Kalamazoo'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