International Ground Source Heat Pump Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 280,301 | 146,195 | 134,106 | 21.7 | 0% |
| 2022 | 544,853 | 417,018 | 127,835 | 11.3 | 62% |
| 2023 | 720,756 | 755,402 | −34,646 | 5.7 | 57% |
In its most recent public year (2023), this organization spent $34,646 more than it brought in. Its reserves stood at about 5.7 months of spending, down from 21.7 in 2021. 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
International Ground Source Heat Pump Association'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