Hearth Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,483,780 | 4,392,537 | 91,243 | 9.8 | 52% |
| 2012 | 3,770,894 | 4,326,159 | −555,265 | 8.2 | 56% |
| 2013 | 3,924,214 | 3,611,408 | 312,806 | 10.4 | 70% |
| 2014 | 3,244,783 | 3,667,274 | −422,491 | 8.4 | 69% |
| 2015 | 3,807,642 | 3,500,792 | 306,850 | 9.3 | 69% |
| 2016 | 3,444,353 | 4,380,160 | −935,807 | 14.5 | 58% |
| 2017 | 4,870,346 | 3,895,544 | 974,802 | 16.4 | 66% |
| 2018 | 5,016,266 | 4,044,107 | 972,159 | 18.1 | 66% |
| 2019 | 4,598,799 | 4,199,134 | 399,665 | 20.7 | 63% |
| 2020 | 5,426,403 | 4,921,512 | 504,891 | 20.7 | 64% |
| 2021 | 7,949,326 | 8,081,015 | −131,689 | 15.6 | 39% |
| 2022 | 3,829,738 | 5,272,765 | −1,443,027 | 17.7 | 55% |
In its most recent public year (2022), this organization spent $1,443,027 more than it brought in. Its reserves stood at about 17.7 months of spending, up from 9.8 in 2011. Staff pay was 55% of spending. $87,500 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 2022. 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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