Virginia Hospital Center Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,676,022 | 3,215,339 | 460,683 | 6.2 | 18% |
| 2012 | 4,528,110 | 2,906,706 | 1,621,404 | 14.8 | 22% |
| 2013 | 4,252,783 | 2,454,329 | 1,798,454 | 16.6 | 28% |
| 2014 | 2,343,508 | 4,565,773 | −2,222,265 | 10.4 | 15% |
| 2015 | 2,494,999 | 1,318,471 | 1,176,528 | 39.9 | 53% |
| 2016 | 3,916,391 | 1,520,275 | 2,396,116 | 41.8 | 45% |
| 2017 | 3,698,800 | 1,682,716 | 2,016,084 | 52.2 | 48% |
| 2018 | 1,823,584 | 1,544,578 | 279,006 | 16.9 | 48% |
| 2019 | 1,240,184 | 1,901,694 | −661,510 | 7.1 | 45% |
| 2020 | 2,991,954 | 2,114,599 | 877,355 | 7.9 | 44% |
| 2021 | 1,312,695 | 2,065,534 | −752,839 | 21.1 | 50% |
| 2022 | 1,184,072 | 2,441,810 | −1,257,738 | 18.1 | 50% |
| 2023 | 1,536,945 | 2,637,845 | −1,100,900 | -17.4 | 43% |
In its most recent public year (2023), this organization spent $1,100,900 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-17.4 months), down from 6.2 in 2011. Staff pay was 43% of spending. $4,841,798 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
Virginia Hospital Center 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