Western Carolina Medical Society Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 509,657 | 510,272 | −615 | 26.1 | 40% |
| 2015 | 965,318 | 1,056,914 | −91,596 | 11.3 | 40% |
| 2016 | 1,085,211 | 1,145,850 | −60,639 | 10.1 | 38% |
| 2017 | 1,211,704 | 1,129,575 | 82,129 | 11.3 | 35% |
| 2018 | 1,151,161 | 1,097,183 | 53,978 | 11.9 | 34% |
| 2019 | 1,424,777 | 1,055,983 | 368,794 | 16.6 | 33% |
| 2020 | 1,982,391 | 1,652,216 | 330,175 | 13.1 | 28% |
| 2021 | 1,679,805 | 1,393,706 | 286,099 | 21.3 | 42% |
| 2022 | 1,318,128 | 1,442,079 | −123,951 | 18.2 | 39% |
In its most recent public year (2022), this organization spent $123,951 more than it brought in. Its reserves stood at about 18.2 months of spending, down from 26.1 in 2014. Staff pay was 39% of spending. $1,257,308 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 2022. 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
Western Carolina Medical Society Foundation Inc's IRS filings as a feed — one entry per filing year, through 2022. 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