Hearts Knit Together
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 148,948 | 0 | 148,948 | — | — |
| 2016 | 177,576 | 174,803 | 2,773 | 18.1 | — |
| 2017 | 158,597 | 192,638 | −34,041 | 14.4 | — |
| 2018 | 231,185 | 49,718 | 181,467 | 99.7 | 0% |
| 2019 | 427,242 | 340,564 | 86,678 | 17.6 | 0% |
| 2020 | 410,368 | 373,395 | 36,973 | 17.3 | 0% |
| 2022 | 301,299 | 335,620 | −34,321 | 20.1 | 0% |
| 2023 | 342,234 | 109,326 | 232,908 | 87.2 | 0% |
In its most recent public year (2023), this organization brought in $232,908 more than it spent. Its reserves stood at about 87.2 months of spending. Staff pay was 0% 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 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
Hearts Knit Together'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