Turning The Hearts Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 84,408 | 81,952 | 2,456 | 0.4 | — |
| 2016 | 136,032 | 136,413 | −381 | 0.2 | — |
| 2017 | 127,110 | 124,328 | 2,782 | 0.5 | — |
| 2018 | 104,185 | 106,211 | −2,026 | 0.3 | — |
| 2019 | 124,893 | 121,623 | 3,270 | 0.6 | — |
| 2020 | 251,427 | 115,632 | 135,795 | 14.7 | 70% |
| 2021 | 292,966 | 146,780 | 146,186 | 23.6 | 81% |
| 2022 | 298,902 | 136,242 | 162,660 | 39.7 | 60% |
| 2023 | 191,769 | 166,534 | 25,235 | 34.3 | — |
In its most recent public year (2023), this organization brought in $25,235 more than it spent. Its reserves stood at about 34.3 months of spending, up from 0.4 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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