Renewed Hearts Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 99,939 | 5,198 | 94,741 | 218.7 | — |
| 2019 | 26,413 | 34,892 | −8,479 | 29.7 | — |
| 2020 | 27,756 | 32,760 | −5,004 | 29.8 | — |
| 2021 | 26,180 | 36,370 | −10,190 | 23.4 | — |
| 2022 | 40,140 | 52,167 | −12,027 | 13.6 | — |
| 2023 | 36,919 | 46,200 | −9,281 | 12.9 | — |
In its most recent public year (2023), this organization spent $9,281 more than it brought in. Its reserves stood at about 12.9 months of spending, down from 218.7 in 2018.
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
Renewed 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