Medical College Of Virginia Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 53,735,292 | 32,305,715 | 21,429,577 | 147.6 | 4% |
| 2012 | 27,817,202 | 32,680,453 | −4,863,251 | 144.4 | 3% |
| 2013 | 54,091,613 | 36,664,610 | 17,427,003 | 139.0 | 3% |
| 2014 | 74,243,908 | 39,311,258 | 34,932,650 | 142.6 | 3% |
| 2015 | 66,599,462 | 37,416,388 | 29,183,074 | 153.3 | 3% |
| 2016 | 34,925,196 | 33,131,200 | 1,793,996 | 166.8 | 4% |
| 2017 | 36,452,754 | 31,962,184 | 4,490,570 | 193.4 | 5% |
| 2018 | 55,362,576 | 33,996,371 | 21,366,205 | 196.6 | 5% |
| 2019 | 70,020,837 | 35,036,528 | 34,984,309 | 209.5 | 5% |
| 2020 | 54,318,573 | 33,636,938 | 20,681,635 | 226.8 | 6% |
| 2021 | 75,393,096 | 46,001,368 | 29,391,728 | 227.5 | 5% |
| 2022 | 47,988,009 | 40,469,142 | 7,518,867 | 243.2 | 6% |
| 2023 | 57,642,255 | 40,344,703 | 17,297,552 | 263.6 | 7% |
In its most recent public year (2023), this organization brought in $17,297,552 more than it spent. Its reserves stood at about 263.6 months of spending, up from 147.6 in 2011. Staff pay was 7% of spending. $819,717,000 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 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
Medical College Of Virginia 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