Latrobe Area Hospital Charitable Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,100,613 | 2,082,840 | 17,773 | 69.9 | 7% |
| 2012 | 1,464,477 | 926,348 | 538,129 | 159.9 | 18% |
| 2013 | 874,932 | 537,173 | 337,759 | 302.1 | 29% |
| 2014 | 1,474,139 | 527,090 | 947,049 | 349.1 | 25% |
| 2015 | 2,056,080 | 837,198 | 1,218,882 | 222.1 | 16% |
| 2016 | 6,910,242 | 685,506 | 6,224,736 | 362.9 | 21% |
| 2017 | 3,056,913 | 3,638,268 | −581,355 | 70.0 | 3% |
| 2018 | 3,046,838 | 7,629,664 | −4,582,826 | 25.8 | 1% |
| 2019 | 1,890,533 | 1,433,417 | 457,116 | 134.2 | 12% |
| 2020 | 1,364,328 | 2,006,015 | −641,687 | 89.2 | 4% |
| 2021 | 2,100,527 | 1,205,942 | 894,585 | 177.5 | 7% |
| 2022 | 3,721,921 | 2,340,167 | 1,381,754 | 78.3 | 4% |
| 2023 | 1,760,847 | 1,378,281 | 382,566 | 145.6 | 7% |
In its most recent public year (2023), this organization brought in $382,566 more than it spent. Its reserves stood at about 145.6 months of spending, up from 69.9 in 2011. Staff pay was 7% of spending. $5,216,157 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
Latrobe Area Hospital Charitable 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