Spartanburg County Medical Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 65,067 | 68,741 | −3,674 | 16.2 | — |
| 2012 | 98,764 | 89,017 | 9,747 | 13.8 | — |
| 2013 | 351,664 | 221,593 | 130,071 | 12.5 | 17% |
| 2014 | 95,559 | 216,505 | −120,946 | 6.1 | — |
| 2015 | 98,754 | 96,812 | 1,942 | 13.9 | — |
| 2016 | 95,838 | 101,411 | −5,573 | 12.6 | — |
| 2017 | 88,185 | 99,148 | −10,963 | 11.6 | — |
| 2018 | 89,797 | 86,015 | 3,782 | 13.9 | — |
| 2019 | 88,360 | 89,456 | −1,096 | 13.2 | — |
| 2020 | 38,741 | 59,786 | −21,045 | 15.6 | — |
| 2021 | 72,131 | 59,716 | 12,415 | 18.1 | — |
| 2022 | 95,309 | 74,426 | 20,883 | 17.9 | — |
| 2023 | 30,958 | 84,558 | −53,600 | 8.1 | — |
In its most recent public year (2023), this organization spent $53,600 more than it brought in. Its reserves stood at about 8.1 months of spending, down from 16.2 in 2011.
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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