The Heritage Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,321,266 | 1,288,006 | 33,260 | -2.5 | 44% |
| 2012 | 1,223,463 | 1,210,943 | 12,520 | -2.5 | 31% |
| 2013 | 1,053,645 | 1,052,001 | 1,644 | -2.9 | 41% |
| 2014 | 1,160,438 | 1,073,540 | 86,898 | -1.8 | 39% |
| 2015 | 1,159,459 | 1,058,274 | 101,185 | -0.7 | 42% |
| 2016 | 1,388,391 | 1,248,650 | 139,741 | 0.7 | 40% |
| 2017 | 1,493,642 | 1,336,057 | 157,585 | 2.1 | 38% |
| 2018 | 1,487,352 | 1,398,418 | 88,934 | 2.8 | 38% |
| 2019 | 1,463,774 | 1,480,926 | −17,152 | 2.5 | 41% |
| 2020 | 1,392,288 | 1,450,904 | −58,616 | 2.1 | 44% |
| 2021 | 1,646,670 | 1,531,391 | 115,279 | 2.8 | 44% |
| 2022 | 1,673,842 | 1,678,216 | −4,374 | 2.6 | 45% |
| 2023 | 1,726,350 | 1,802,667 | −76,317 | 1.9 | 43% |
In its most recent public year (2023), this organization spent $76,317 more than it brought in. Its reserves stood at about 1.9 months of spending, up from -2.5 in 2011. Staff pay was 43% 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
The Heritage Foundation Inc'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