Hearts Of Hope
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 513,976 | 485,311 | 28,665 | 8.0 | 62% |
| 2012 | 715,066 | 403,996 | 311,070 | 19.0 | 70% |
| 2013 | 682,099 | 542,606 | 139,493 | 17.3 | 59% |
| 2014 | 605,197 | 589,973 | 15,224 | 16.3 | 58% |
| 2015 | 693,966 | 664,862 | 29,104 | 14.9 | 57% |
| 2016 | 843,239 | 699,228 | 144,011 | 16.7 | 56% |
| 2017 | 960,470 | 841,130 | 119,340 | 15.7 | 50% |
| 2018 | 691,078 | 882,305 | −191,227 | 12.3 | 52% |
| 2019 | 874,909 | 868,781 | 6,128 | 12.6 | 58% |
| 2020 | 989,516 | 902,905 | 86,611 | 13.3 | 61% |
| 2021 | 982,577 | 1,016,111 | −33,534 | 11.5 | 58% |
| 2022 | 1,199,498 | 1,242,337 | −42,839 | 8.9 | 52% |
| 2023 | 1,237,254 | 1,260,922 | −23,668 | 8.6 | 56% |
In its most recent public year (2023), this organization spent $23,668 more than it brought in. Its reserves stood at about 8.6 months of spending. Staff pay was 56% of spending. $75,277 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
Hearts Of Hope'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