Winter Haven Hospital Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,291,140 | 1,022,951 | 268,189 | 214.4 | 38% |
| 2021 | 1,663,474 | 1,520,609 | 142,865 | 153.3 | 24% |
| 2022 | 1,560,574 | 1,385,795 | 174,779 | 148.3 | 35% |
| 2023 | 2,218,449 | 1,926,078 | 292,371 | 118.0 | 31% |
In its most recent public year (2023), this organization brought in $292,371 more than it spent. Its reserves stood at about 118 months of spending, down from 214.4 in 2020. Staff pay was 31% of spending. $6,925,594 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
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