Hearts For Families Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 565,247 | 619,822 | −54,575 | 2.6 | 70% |
| 2012 | 1,130,757 | 1,108,243 | 22,514 | 1.7 | 64% |
| 2013 | 1,392,441 | 1,181,421 | 211,020 | 3.7 | 47% |
| 2014 | 1,098,421 | 1,160,523 | −62,102 | 3.2 | 53% |
| 2015 | 1,188,393 | 1,240,186 | −51,793 | 2.5 | 54% |
| 2016 | 904,189 | 1,000,312 | −96,123 | 1.9 | 63% |
| 2017 | 509,643 | 544,318 | −34,675 | 2.7 | 55% |
| 2018 | 419,617 | 437,216 | −17,599 | 2.9 | 46% |
| 2019 | 625,462 | 578,764 | 46,698 | 3.1 | 46% |
| 2020 | 627,471 | 577,643 | 49,828 | 4.2 | 47% |
| 2021 | 804,650 | 742,435 | 62,215 | 4.3 | 39% |
| 2022 | 858,790 | 851,124 | 7,666 | 3.8 | 35% |
| 2023 | 981,793 | 980,445 | 1,348 | 3.3 | 34% |
In its most recent public year (2023), this organization brought in $1,348 more than it spent. Its reserves stood at about 3.3 months of spending. Staff pay was 34% 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 For Families 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