Hearts For Homes Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 45,223 | 40,022 | 5,201 | 5.1 | — |
| 2018 | 44,158 | 54,611 | −10,453 | 1.5 | — |
| 2019 | 42,859 | 42,986 | −127 | 1.8 | — |
| 2020 | 73,874 | 49,205 | 24,669 | 7.6 | — |
| 2021 | 79,187 | 78,228 | 959 | 4.9 | — |
| 2022 | 235,982 | 129,450 | 106,532 | 12.9 | 49% |
| 2023 | 96,226 | 177,420 | −81,194 | 3.9 | 57% |
In its most recent public year (2023), this organization spent $81,194 more than it brought in. Its reserves stood at about 3.9 months of spending, down from 5.1 in 2017. Staff pay was 57% 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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