Baptist Health Foundation Corbin Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 86,913 | 158,855 | −71,942 | 18.1 | 0% |
| 2016 | 182,555 | 165,763 | 16,792 | 18.9 | 0% |
| 2017 | 856,504 | 702,593 | 153,911 | 10.2 | 0% |
| 2018 | 569,416 | 598,123 | −28,707 | 11.6 | 0% |
| 2019 | 990,593 | 1,048,033 | −57,440 | 6.2 | 0% |
| 2020 | 847,046 | 847,099 | −53 | 7.0 | 7% |
| 2021 | 1,230,718 | 1,132,813 | 97,905 | 6.2 | 9% |
| 2022 | 1,463,524 | 1,236,071 | 227,453 | 6.8 | 9% |
| 2023 | 1,413,516 | 1,378,748 | 34,768 | 6.6 | 13% |
In its most recent public year (2023), this organization brought in $34,768 more than it spent. Its reserves stood at about 6.6 months of spending, down from 18.1 in 2015. Staff pay was 13% of spending. $329,030 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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