Valley Hospital Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 15,487,331 | 20,099,023 | −4,611,692 | 37.2 | 0% |
| 2021 | 18,375,355 | 20,248,309 | −1,872,954 | 35.9 | 0% |
| 2022 | 12,118,940 | 16,577,304 | −4,458,364 | 37.2 | 0% |
| 2023 | 15,001,805 | 17,757,492 | −2,755,687 | 34.7 | 0% |
In its most recent public year (2023), this organization spent $2,755,687 more than it brought in. Its reserves stood at about 34.7 months of spending, down from 37.2 in 2020. Staff pay was 0% of spending. $38,424,324 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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