From His Heart Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 2,218,328 | 1,772,557 | 445,771 | 7.3 | 10% |
| 2022 | 2,170,555 | 2,088,035 | 82,520 | 6.7 | 11% |
| 2023 | 2,320,731 | 2,358,182 | −37,451 | 5.7 | 12% |
| 2024 | 2,582,009 | 2,657,883 | −75,874 | 4.7 | 11% |
In its most recent public year (2024), this organization spent $75,874 more than it brought in. Its reserves stood at about 4.7 months of spending, down from 7.3 in 2021. Staff pay was 11% 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 2024. 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
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