Open Hearts Ministry Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 533,176 | 523,539 | 9,637 | 3.5 | 31% |
| 2012 | 407,150 | 442,194 | −35,044 | 3.2 | 38% |
| 2013 | 499,772 | 482,749 | 17,023 | 3.3 | 34% |
| 2014 | 410,440 | 449,804 | −39,364 | 2.5 | 37% |
| 2015 | 425,419 | 427,280 | −1,861 | 2.6 | 38% |
| 2016 | 337,938 | 362,424 | −24,486 | 2.2 | 35% |
| 2017 | 138,199 | 135,919 | 2,280 | 6.2 | 9% |
| 2018 | 120,769 | 120,810 | −41 | 7.0 | — |
| 2019 | 101,848 | 132,122 | −30,274 | 3.6 | — |
| 2020 | 96,150 | 100,263 | −4,113 | 4.3 | — |
| 2021 | 145,216 | 132,415 | 12,801 | 4.4 | — |
| 2022 | 126,008 | 132,991 | −6,983 | 3.8 | — |
| 2023 | 134,634 | 155,438 | −20,804 | 1.6 | — |
In its most recent public year (2023), this organization spent $20,804 more than it brought in. Its reserves stood at about 1.6 months of spending, down from 3.5 in 2011.
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
Open Hearts Ministry 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