Heart For The World Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 203,387 | 190,261 | 13,126 | 6.2 | 47% |
| 2021 | 310,199 | 159,792 | 150,407 | 18.7 | 44% |
| 2022 | 292,196 | 281,536 | 10,660 | 11.0 | 37% |
| 2023 | 421,467 | 281,176 | 140,291 | 17.0 | 38% |
In its most recent public year (2023), this organization brought in $140,291 more than it spent. Its reserves stood at about 17 months of spending, up from 6.2 in 2020. Staff pay was 38% of spending. $154,247 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
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