Maryland Patient Safety Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,016,935 | 1,263,524 | −246,589 | 14.5 | 37% |
| 2021 | 2,102,777 | 1,625,511 | 477,266 | 14.8 | 36% |
| 2022 | 1,399,054 | 1,857,079 | −458,025 | 9.9 | 33% |
| 2023 | 2,090,233 | 2,161,023 | −70,790 | 8.3 | 35% |
In its most recent public year (2023), this organization spent $70,790 more than it brought in. Its reserves stood at about 8.3 months of spending, down from 14.5 in 2020. Staff pay was 35% of spending.
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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