Passavant Hospital Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,570,001 | 1,139,052 | 430,949 | 352.8 | 35% |
| 2012 | 1,244,670 | 1,074,500 | 170,170 | 363.5 | 32% |
| 2013 | 1,941,022 | 1,245,468 | 695,554 | 334.9 | 34% |
| 2014 | 2,961,410 | 1,119,938 | 1,841,472 | 422.2 | 21% |
| 2015 | 2,687,432 | 1,796,006 | 891,426 | 266.1 | 23% |
| 2016 | 2,658,755 | 2,018,354 | 640,401 | 235.3 | 19% |
| 2017 | 3,453,124 | 2,317,030 | 1,136,094 | 224.5 | 17% |
| 2018 | 3,146,718 | 2,727,468 | 419,250 | 200.5 | 12% |
| 2019 | 1,330,462 | 7,084,664 | −5,754,202 | 78.9 | 3% |
| 2020 | 5,484,146 | 3,986,050 | 1,498,096 | 143.7 | 5% |
| 2021 | 5,249,843 | 4,067,310 | 1,182,533 | 152.2 | 6% |
| 2022 | 2,047,364 | 1,098,481 | 948,883 | 511.0 | 22% |
| 2023 | 3,737,923 | 1,510,246 | 2,227,677 | 405.2 | 17% |
In its most recent public year (2023), this organization brought in $2,227,677 more than it spent. Its reserves stood at about 405.2 months of spending, up from 352.8 in 2011. Staff pay was 17% of spending. $1,272,732 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
Passavant 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