Wake County Medical Society Community Health Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 8,814,110 | 9,127,773 | −313,663 | 1.0 | 43% |
| 2012 | 11,579,587 | 11,719,720 | −140,133 | 0.7 | 47% |
| 2013 | 12,346,537 | 11,961,526 | 385,011 | 1.3 | 53% |
| 2014 | 12,124,853 | 12,076,935 | 47,918 | 2.0 | 53% |
| 2015 | 12,273,377 | 11,525,844 | 747,533 | 2.8 | 49% |
| 2016 | 11,155,604 | 11,277,676 | −122,072 | 2.8 | 50% |
| 2017 | 12,117,598 | 11,075,718 | 1,041,880 | 3.9 | 50% |
| 2018 | 11,278,757 | 10,718,186 | 560,571 | 4.7 | 49% |
| 2019 | 2,500,388 | 3,617,027 | −1,116,639 | 10.1 | 52% |
| 2020 | 648,450 | 512,213 | 136,237 | 76.8 | 68% |
| 2021 | 270,493 | 424,892 | −154,399 | 86.9 | 67% |
| 2022 | 1,336,330 | 375,481 | 960,849 | 112.2 | 63% |
| 2023 | −255,674 | 525,035 | −780,709 | 75.1 | 60% |
In its most recent public year (2023), this organization spent $780,709 more than it brought in. Its reserves stood at about 75.1 months of spending, up from 1 in 2011. Staff pay was 60% of spending. $586,150 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
Wake County Medical Society Community Health Foundation Inc'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