Virginia Biosciences Health Research Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 5,550,000 | 192,098 | 5,357,902 | 334.7 | 57% |
| 2014 | 0 | 2,366,522 | −2,366,522 | 15.2 | 8% |
| 2015 | 2,800,000 | 2,051,275 | 748,725 | 21.9 | 10% |
| 2016 | 2,851,865 | 2,745,181 | 106,684 | 16.8 | 7% |
| 2017 | 4,105,250 | 1,543,826 | 2,561,424 | 49.8 | 6% |
| 2018 | 7,855,196 | 2,693,771 | 5,161,425 | 51.9 | 7% |
| 2019 | 354,109 | 4,629,656 | −4,275,547 | 19.1 | 7% |
| 2020 | 7,853,248 | 3,641,424 | 4,211,824 | 38.2 | 8% |
| 2021 | 5,300,132 | 3,027,220 | 2,272,912 | 54.9 | 9% |
| 2022 | 7,801,213 | 3,121,531 | 4,679,682 | 71.3 | 11% |
| 2023 | 360,182 | 3,244,521 | −2,884,339 | 57.9 | 12% |
| 2024 | 7,885,549 | 7,916,981 | −31,432 | 23.7 | 5% |
In its most recent public year (2024), this organization spent $31,432 more than it brought in. Its reserves stood at about 23.7 months of spending, down from 334.7 in 2013. Staff pay was 5% of spending. $9,405,095 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 2024. 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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