Heritage Bible College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 49,333 | 12,730 | 36,603 | 34.5 | — |
| 2017 | 188,406 | 122,443 | 65,963 | 13.2 | — |
| 2018 | 292,206 | 171,120 | 121,086 | 18.0 | 27% |
| 2019 | 324,541 | 271,006 | 53,535 | 13.7 | 29% |
| 2020 | 773,595 | 715,641 | 57,954 | 6.2 | 23% |
| 2021 | 1,287,392 | 1,043,809 | 243,583 | 7.0 | 14% |
| 2022 | 1,484,140 | 1,306,439 | 177,701 | 7.2 | 16% |
| 2023 | 1,525,334 | 1,474,998 | 50,336 | 6.8 | 14% |
In its most recent public year (2023), this organization brought in $50,336 more than it spent. Its reserves stood at about 6.8 months of spending, down from 34.5 in 2015. Staff pay was 14% of spending. $24,097 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 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
Heritage Bible College'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