Open Hearts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 5,594,489 | 5,478,077 | 116,412 | 4.6 | 64% |
| 2013 | 6,006,242 | 5,829,064 | 177,178 | 4.6 | 65% |
| 2014 | 6,316,966 | 6,127,191 | 189,775 | 4.8 | 65% |
| 2015 | 6,115,921 | 5,842,607 | 273,314 | 5.6 | 63% |
| 2016 | 6,572,199 | 6,363,866 | 208,333 | 5.3 | 66% |
| 2017 | 6,594,877 | 6,249,284 | 345,593 | 6.1 | 67% |
| 2018 | 6,468,412 | 6,462,766 | 5,646 | 5.9 | 65% |
| 2019 | 8,044,786 | 6,586,153 | 1,458,633 | 8.4 | 63% |
| 2020 | 8,786,162 | 7,503,674 | 1,282,488 | 9.4 | 63% |
| 2021 | 8,151,667 | 7,589,951 | 561,716 | 9.3 | 63% |
| 2022 | 6,637,104 | 7,744,430 | −1,107,326 | 7.2 | 62% |
| 2023 | 8,849,269 | 8,877,265 | −27,996 | 5.5 | 58% |
In its most recent public year (2023), this organization spent $27,996 more than it brought in. Its reserves stood at about 5.5 months of spending. Staff pay was 58% of spending. $87,145 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'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