Washington Township Medical Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 12,246,940 | 18,315,943 | −6,069,003 | -4.0 | 15% |
| 2012 | 26,694,815 | 46,630,048 | −19,935,233 | -6.7 | 10% |
| 2013 | 28,131,370 | 44,024,556 | −15,893,186 | -11.4 | 12% |
| 2014 | 28,147,832 | 44,268,521 | −16,120,689 | -15.7 | 13% |
| 2015 | 31,408,756 | 46,793,573 | −15,384,817 | -18.8 | 12% |
| 2016 | 33,212,260 | 50,026,410 | −16,814,150 | -21.6 | 13% |
| 2017 | 35,977,918 | 57,715,817 | −21,737,899 | -23.3 | 13% |
| 2018 | 39,384,691 | 61,221,545 | −21,836,854 | -26.2 | 15% |
| 2019 | 43,775,975 | 65,274,888 | −21,498,913 | -28.5 | 15% |
| 2020 | 43,358,116 | 66,101,248 | −22,743,132 | -32.3 | 15% |
| 2021 | 49,801,998 | 70,198,393 | −20,396,395 | -33.9 | 17% |
| 2022 | 49,925,101 | 72,354,803 | −22,429,702 | -36.6 | 18% |
| 2023 | 50,663,120 | 78,364,225 | −27,701,105 | -38.1 | 19% |
In its most recent public year (2023), this organization spent $27,701,105 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-38.1 months), down from -4 in 2011. Staff pay was 19% 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
Washington Township Medical 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