Albemarle County Medical Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 21,967 | 22,897 | −930 | 7.1 | — |
| 2012 | 19,770 | 16,311 | 3,459 | 12.8 | — |
| 2013 | 10,405 | 15,707 | −5,302 | 9.5 | — |
| 2014 | 18,040 | 23,481 | −5,441 | 5.4 | — |
| 2015 | 16,964 | 16,413 | 551 | 8.2 | — |
| 2016 | 16,507 | 16,631 | −124 | 8.0 | — |
| 2017 | 16,533 | 16,813 | −280 | 7.7 | — |
| 2018 | 19,925 | 18,783 | 1,142 | 7.9 | — |
| 2019 | 17,823 | 12,929 | 4,894 | 16.1 | — |
| 2020 | 15,841 | 16,586 | −745 | 12.0 | — |
| 2021 | 8,892 | 4,995 | 3,897 | 49.1 | — |
| 2022 | 9,871 | 17,068 | −7,197 | 9.3 | — |
| 2023 | 12,625 | 16,066 | −3,441 | 7.3 | — |
In its most recent public year (2023), this organization spent $3,441 more than it brought in. Its reserves stood at about 7.3 months of spending.
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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