Heritage Bible College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 831,735 | 799,198 | 32,537 | 10.5 | 52% |
| 2012 | 842,422 | 797,465 | 44,957 | 11.1 | 54% |
| 2013 | 887,847 | 824,947 | 62,900 | 11.6 | 52% |
| 2014 | 866,953 | 861,245 | 5,708 | 11.3 | 55% |
| 2015 | 836,483 | 890,928 | −54,445 | 10.2 | 53% |
| 2016 | 953,829 | 811,475 | 142,354 | 13.2 | 57% |
| 2017 | 677,696 | 754,869 | −77,173 | 13.1 | 55% |
| 2018 | 176,426 | 814,973 | −638,547 | 2.7 | 46% |
| 2019 | 381,509 | 375,861 | 5,648 | 6.1 | 69% |
| 2020 | 457,040 | 407,357 | 49,683 | 7.1 | 69% |
| 2021 | 399,189 | 386,066 | 13,123 | 7.9 | 71% |
| 2022 | 448,247 | 437,475 | 10,772 | 7.3 | 67% |
| 2023 | 413,968 | 427,875 | −13,907 | 7.1 | 70% |
| 2024 | 291,883 | 417,986 | −126,103 | 3.6 | 71% |
In its most recent public year (2024), this organization spent $126,103 more than it brought in. Its reserves stood at about 3.6 months of spending, down from 10.5 in 2011. Staff pay was 71% of spending. $39,148 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 2024. 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 2024. 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