Open Hearts For Orphans Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 3,965 | 2,848 | 1,117 | 4.7 | — |
| 2017 | 53,334 | 38,245 | 15,089 | 5.1 | — |
| 2018 | 62,597 | 54,197 | 8,400 | 5.4 | — |
| 2019 | 141,187 | 57,108 | 84,079 | 22.8 | — |
| 2020 | 191,141 | 163,683 | 27,458 | 10.0 | — |
| 2021 | 321,679 | 301,473 | 20,206 | 6.2 | 6% |
| 2022 | 394,721 | 390,317 | 4,404 | 4.9 | 8% |
| 2023 | 474,423 | 401,470 | 72,953 | 7.0 | 9% |
In its most recent public year (2023), this organization brought in $72,953 more than it spent. Its reserves stood at about 7 months of spending, up from 4.7 in 2016. Staff pay was 9% of spending. $36,555 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
Open Hearts For Orphans 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