Virtua Health Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 9,356,688 | 7,806,773 | 1,549,915 | 125.0 | 0% |
| 2021 | 9,123,196 | 31,401,373 | −22,278,177 | 24.4 | 0% |
| 2022 | 14,592,178 | 32,996,851 | −18,404,673 | 8.1 | 0% |
| 2023 | 8,796,414 | 13,001,220 | −4,204,806 | 24.6 | 0% |
In its most recent public year (2023), this organization spent $4,204,806 more than it brought in. Its reserves stood at about 24.6 months of spending, down from 125 in 2020. Staff pay was 0% of spending. $10,787,068 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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