Hermitage Charitable Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 9,002 | 55 | 8,947 | 39181.7 | — |
| 2015 | 30,530 | 78,578 | −48,048 | 20.1 | — |
| 2016 | 10,826 | 70 | 10,756 | 24392.7 | — |
| 2017 | 62,548 | 824 | 61,724 | 2971.1 | — |
| 2018 | 20,904 | 26,536 | −5,632 | 89.7 | — |
| 2019 | 53,435 | 1,073 | 52,362 | 2804.2 | — |
| 2020 | 261,882 | 5,237 | 256,645 | 1162.6 | 0% |
| 2021 | 160,232 | 22,631 | 137,601 | 342.0 | 0% |
| 2022 | 19,577 | 174,376 | −154,799 | 33.7 | — |
In its most recent public year (2022), this organization spent $154,799 more than it brought in. Its reserves stood at about 33.7 months of spending, down from 39181.7 in 2014.
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
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