Angelheart Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 6,325,576 | 4,868,685 | 1,456,891 | 9.2 | 3% |
| 2020 | 6,262,492 | 5,187,383 | 1,075,109 | 11.1 | 27% |
| 2021 | 5,101,329 | 4,914,490 | 186,839 | 12.1 | 30% |
| 2022 | 5,653,648 | 4,442,808 | 1,210,840 | 16.7 | 31% |
| 2023 | 4,716,605 | 4,130,647 | 585,958 | 19.7 | 35% |
In its most recent public year (2023), this organization brought in $585,958 more than it spent. Its reserves stood at about 19.7 months of spending, up from 9.2 in 2019. Staff pay was 35% 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
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