The Spartanburg Regional Healthcare System Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 8,807,568 | 4,370,602 | 4,436,966 | 76.1 | 17% |
| 2012 | 5,108,089 | 4,159,832 | 948,257 | 90.3 | 21% |
| 2013 | 12,356,324 | 5,326,787 | 7,029,537 | 86.1 | 15% |
| 2014 | 4,773,572 | 4,368,351 | 405,221 | 110.7 | 17% |
| 2015 | 8,990,953 | 5,339,590 | 3,651,363 | 92.4 | 15% |
| 2016 | 10,247,001 | 5,021,513 | 5,225,488 | 115.2 | 19% |
| 2017 | 8,331,237 | 5,482,094 | 2,849,143 | 118.8 | 19% |
| 2018 | 10,773,400 | 11,643,939 | −870,539 | 53.1 | 9% |
| 2019 | 8,988,841 | 5,868,802 | 3,120,039 | 111.1 | 21% |
| 2020 | 7,929,805 | 9,829,489 | −1,899,684 | 66.3 | 10% |
| 2021 | 11,166,446 | 10,875,369 | 291,077 | 66.3 | 11% |
| 2022 | 9,433,693 | 12,216,090 | −2,782,397 | 47.1 | 6% |
| 2023 | 9,375,394 | 8,997,468 | 377,926 | 68.5 | 13% |
In its most recent public year (2023), this organization brought in $377,926 more than it spent. Its reserves stood at about 68.5 months of spending, down from 76.1 in 2011. Staff pay was 13% of spending. $33,774,481 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
The Spartanburg Regional Healthcare System 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