Eastern Virginia Medical School Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 18,128,960 | 6,180,961 | 11,947,999 | 131.3 | 0% |
| 2013 | 13,028,282 | 6,905,914 | 6,122,368 | 133.0 | 2% |
| 2014 | 9,255,303 | 6,594,243 | 2,661,060 | 153.7 | 2% |
| 2015 | 10,997,779 | 7,406,258 | 3,591,521 | 135.5 | 5% |
| 2016 | 14,190,166 | 7,369,017 | 6,821,149 | 148.8 | 5% |
| 2017 | 10,491,144 | 7,295,570 | 3,195,574 | 162.2 | 5% |
| 2018 | 12,550,456 | 7,761,949 | 4,788,507 | 163.7 | 2% |
| 2019 | 30,567,400 | 9,194,968 | 21,372,432 | 167.2 | 2% |
| 2020 | 12,211,760 | 7,881,987 | 4,329,773 | 199.2 | 2% |
| 2021 | 27,740,362 | 9,536,824 | 18,203,538 | 225.5 | 2% |
| 2022 | 19,028,464 | 10,639,833 | 8,388,631 | 185.4 | 1% |
| 2023 | 11,906,674 | 10,452,792 | 1,453,882 | 200.9 | 2% |
| 2024 | 14,673,075 | 11,673,261 | 2,999,814 | 189.3 | 2% |
In its most recent public year (2024), this organization brought in $2,999,814 more than it spent. Its reserves stood at about 189.3 months of spending, up from 131.3 in 2012. Staff pay was 2% of spending. $158,632,385 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 2024. 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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