Borrowed Hearts Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 97,158 | 53,237 | 43,921 | 13.6 | — |
| 2020 | 160,435 | 68,394 | 92,041 | 26.8 | — |
| 2021 | 229,918 | 115,181 | 114,737 | 27.8 | 43% |
| 2022 | 179,522 | 176,548 | 2,974 | 42.8 | 46% |
| 2023 | 154,459 | 171,664 | −17,205 | 40.8 | 37% |
In its most recent public year (2023), this organization spent $17,205 more than it brought in. Its reserves stood at about 40.8 months of spending, up from 13.6 in 2019. Staff pay was 37% of spending. $50,987 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
Borrowed Hearts Foundation'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