Reading Hospital Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 0 | 40,998 | −40,998 | -12.0 | 80% |
| 2016 | 0 | 451,148 | −451,148 | -13.1 | 62% |
| 2017 | 0 | 562,132 | −562,132 | -22.5 | 66% |
| 2018 | 1,846,236 | 803,563 | 1,042,673 | 489.8 | 54% |
| 2019 | 4,709,232 | 2,973,668 | 1,735,564 | 143.7 | 15% |
| 2020 | 1,514,642 | 1,495,092 | 19,550 | 279.1 | 42% |
| 2021 | 5,935,033 | 2,587,010 | 3,348,023 | 214.2 | 20% |
| 2022 | 4,003,191 | 2,618,899 | 1,384,292 | 186.3 | 21% |
| 2023 | 6,540,439 | 2,553,655 | 3,986,784 | 217.5 | 24% |
In its most recent public year (2023), this organization brought in $3,986,784 more than it spent. Its reserves stood at about 217.5 months of spending, up from -12 in 2015. Staff pay was 24% of spending. $46,175,506 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
Reading Hospital Foundation's IRS filings as a feed — one entry per filing year, through 2023. 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