Helpful Hearts Community Closet Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 98,575 | 40,142 | 58,433 | 17.5 | — |
| 2021 | 141,323 | 76,326 | 64,997 | 19.4 | — |
| 2022 | 140,818 | 60,744 | 80,074 | 40.2 | — |
| 2023 | 125,664 | 89,278 | 36,386 | 32.2 | — |
In its most recent public year (2023), this organization brought in $36,386 more than it spent. Its reserves stood at about 32.2 months of spending, up from 17.5 in 2020.
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
Helpful Hearts Community Closet 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