Heart Ministry Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 266,671 | 286,672 | −20,001 | 28.7 | 51% |
| 2012 | 547,273 | 293,085 | 254,188 | 38.6 | 55% |
| 2013 | 735,836 | 508,179 | 227,657 | 27.7 | 36% |
| 2014 | 993,586 | 765,586 | 228,000 | 22.0 | 31% |
| 2015 | 1,150,141 | 1,079,135 | 71,006 | 16.4 | 30% |
| 2016 | 1,213,923 | 1,223,610 | −9,687 | 14.4 | 33% |
| 2017 | 1,325,136 | 1,084,442 | 240,694 | 18.8 | 42% |
| 2018 | 1,036,988 | 1,225,644 | −188,656 | 14.8 | 41% |
| 2019 | 4,590,461 | 1,956,983 | 2,633,478 | 25.4 | 34% |
| 2020 | 8,273,872 | 6,374,731 | 1,899,141 | 13.4 | 13% |
| 2021 | 11,028,007 | 10,760,221 | 267,786 | 8.2 | 11% |
| 2022 | 8,339,552 | 8,332,553 | 6,999 | 10.6 | 22% |
| 2023 | 10,739,368 | 11,274,423 | −535,055 | 7.5 | 23% |
In its most recent public year (2023), this organization spent $535,055 more than it brought in. Its reserves stood at about 7.5 months of spending, down from 28.7 in 2011. Staff pay was 23% of spending. $1,009,890 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
Heart Ministry Center 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