Westfields Hospital Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 692,342 | 0 | 692,342 | — | — |
| 2012 | 40,351 | 14,238 | 26,113 | 754.9 | 0% |
| 2013 | 92,807 | 9,319 | 83,488 | 1466.4 | 0% |
| 2014 | 158,556 | 67,767 | 90,789 | 225.9 | 0% |
| 2015 | 180,364 | 34,794 | 145,570 | 471.5 | 0% |
| 2016 | 192,666 | 208,364 | −15,698 | 79.8 | 17% |
| 2017 | 286,148 | 132,108 | 154,040 | 156.6 | 0% |
| 2018 | 282,604 | 158,006 | 124,598 | 130.2 | 0% |
| 2019 | 316,625 | 259,542 | 57,083 | 91.2 | 0% |
| 2020 | 282,933 | 312,933 | −30,000 | 81.7 | 0% |
| 2021 | 707,866 | 385,040 | 322,826 | 84.4 | 0% |
| 2022 | 690,518 | 437,217 | 253,301 | 66.2 | 0% |
| 2023 | 293,816 | 506,535 | −212,719 | 59.4 | 0% |
In its most recent public year (2023), this organization spent $212,719 more than it brought in. Its reserves stood at about 59.4 months of spending. Staff pay was 0% of spending. $761,324 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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