Matthews Hearts Of Hope Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 79,543 | 22,705 | 56,838 | 60.6 | — |
| 2016 | 60,615 | 72,978 | −12,363 | 16.8 | — |
| 2017 | 82,233 | 76,256 | 5,977 | 17.0 | — |
| 2018 | 64,605 | 77,042 | −12,437 | 14.9 | — |
| 2019 | 73,477 | 36,535 | 36,942 | 43.6 | — |
| 2020 | 49,001 | 69,823 | −20,822 | 19.2 | — |
| 2021 | 58,949 | 22,440 | 36,509 | 79.4 | — |
| 2022 | 51,235 | 34,934 | 16,301 | 56.6 | — |
| 2023 | 56,700 | 42,952 | 13,748 | 49.9 | — |
In its most recent public year (2023), this organization brought in $13,748 more than it spent. Its reserves stood at about 49.9 months of spending, down from 60.6 in 2015.
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
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