Olean General Hospital Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 12,888,740 | 1,940,481 | 10,948,259 | 145.3 | 5% |
| 2012 | 3,517,839 | 1,404,369 | 2,113,470 | 236.5 | 7% |
| 2013 | 1,374,842 | 1,749,441 | −374,599 | 201.8 | 5% |
| 2014 | 1,948,625 | 2,230,080 | −281,455 | 155.0 | 5% |
| 2015 | 1,405,591 | 1,787,983 | −382,392 | 178.7 | 6% |
| 2016 | 895,786 | 1,899,013 | −1,003,227 | 173.3 | 8% |
| 2017 | 4,335,472 | 2,102,673 | 2,232,799 | 180.4 | 12% |
| 2018 | 3,259,647 | 1,791,262 | 1,468,385 | 197.1 | 14% |
| 2019 | 1,934,046 | 1,954,396 | −20,350 | 202.3 | 11% |
| 2020 | 10,225,625 | 1,749,048 | 8,476,577 | 305.1 | 13% |
| 2021 | 6,076,941 | 2,281,611 | 3,795,330 | 252.5 | 10% |
| 2022 | 2,397,602 | 3,996,094 | −1,598,492 | 121.6 | 6% |
| 2023 | 2,589,846 | 3,169,093 | −579,247 | 165.9 | 8% |
In its most recent public year (2023), this organization spent $579,247 more than it brought in. Its reserves stood at about 165.9 months of spending, up from 145.3 in 2011. Staff pay was 8% of spending. $29,669,746 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
Olean General Hospital 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