Avita Health Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 755,459 | 245,847 | 509,612 | 99.3 | 0% |
| 2021 | 1,231,738 | 385,187 | 846,551 | 98.3 | 0% |
| 2022 | 1,239,188 | 1,237,782 | 1,406 | 28.0 | 0% |
| 2023 | 974,037 | 752,926 | 221,111 | 51.6 | 0% |
In its most recent public year (2023), this organization brought in $221,111 more than it spent. Its reserves stood at about 51.6 months of spending, down from 99.3 in 2020. Staff pay was 0% of spending. $1,616,295 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
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