Hearthway Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 550,232 | 447,051 | 103,181 | 20.6 | 54% |
| 2016 | 1,251,573 | 996,803 | 254,770 | 12.3 | 59% |
| 2017 | 3,666,412 | 989,570 | 2,676,842 | 44.8 | 55% |
| 2018 | 1,311,456 | 1,049,779 | 261,677 | 45.3 | 56% |
| 2019 | 1,853,390 | 1,148,134 | 705,256 | 48.8 | 57% |
| 2020 | 2,746,025 | 1,399,648 | 1,346,377 | 51.5 | 59% |
| 2021 | 2,469,428 | 1,879,117 | 590,311 | 42.2 | 57% |
| 2022 | 3,182,367 | 2,069,367 | 1,113,000 | 44.7 | 54% |
| 2023 | 2,702,603 | 2,783,516 | −80,913 | 32.9 | 50% |
| 2024 | 3,744,372 | 3,487,679 | 256,693 | 26.3 | 48% |
In its most recent public year (2024), this organization brought in $256,693 more than it spent. Its reserves stood at about 26.3 months of spending, up from 20.6 in 2015. Staff pay was 48% 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
Hearthway Inc's IRS filings as a feed — one entry per filing year, through 2024. 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