Bon Secours Richmond Health System
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 9,114,408 | 11,288,018 | −2,173,610 | -18.3 | 51% |
| 2020 | 1,640,556,189 | 1,371,952,066 | 268,604,123 | 15.2 | 27% |
| 2021 | 1,921,616,534 | 1,614,896,795 | 306,719,739 | 15.7 | 25% |
| 2022 | 1,889,841,622 | 1,703,859,246 | 185,982,376 | 15.6 | 28% |
In its most recent public year (2022), this organization brought in $185,982,376 more than it spent. Its reserves stood at about 15.6 months of spending, up from -18.3 in 2019. Staff pay was 28% of spending. $120,000 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
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