Virginia Life Accident & Sickness Insurance Guaranty Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,921,314 | 2,396,494 | 1,524,820 | 11.9 | 0% |
| 2012 | 2,026,080 | 2,153,623 | −127,543 | 12.5 | 0% |
| 2013 | 5,021,297 | 6,422,754 | −1,401,457 | 1.6 | 0% |
| 2014 | 3,744,156 | 2,701,415 | 1,042,741 | 8.4 | 0% |
| 2015 | 1,644,495 | 1,166,884 | 477,611 | 24.3 | 0% |
| 2016 | 554,265 | 951,668 | −397,403 | 24.8 | 0% |
| 2017 | 112,782,764 | 86,886,606 | 25,896,158 | 3.8 | 0% |
| 2018 | 43,084,125 | 37,947,105 | 5,137,020 | 10.4 | 0% |
| 2019 | 14,658,063 | 29,154,782 | −14,496,719 | 7.6 | 0% |
| 2020 | 1,352,194 | 14,558,330 | −13,206,136 | 4.4 | 0% |
| 2021 | 9,945,534 | 4,556,689 | 5,388,845 | 28.1 | 0% |
| 2022 | 1,548,889 | 9,595,130 | −8,046,241 | 3.3 | 0% |
| 2023 | 10,302,133 | 1,774,120 | 8,528,013 | 75.6 | 0% |
In its most recent public year (2023), this organization brought in $8,528,013 more than it spent. Its reserves stood at about 75.6 months of spending, up from 11.9 in 2011. Staff pay was 0% of spending. $9,001,734 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
Virginia Life Accident & Sickness Insurance Guaranty Association'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