Halifax Medical Center Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,704,836 | 1,026,832 | 5,678,004 | 213.1 | 11% |
| 2012 | 2,887,155 | 1,315,053 | 1,572,102 | 211.5 | 9% |
| 2013 | 3,277,398 | 1,159,467 | 2,117,931 | 285.4 | 11% |
| 2014 | 5,418,574 | 1,157,611 | 4,260,963 | 322.7 | 11% |
| 2015 | 3,332,092 | 815,998 | 2,516,094 | 474.3 | 17% |
| 2016 | 3,518,345 | 1,073,552 | 2,444,793 | 406.8 | 10% |
| 2017 | 2,331,128 | 628,297 | 1,702,831 | 775.1 | 19% |
| 2018 | 1,870,195 | 700,875 | 1,169,320 | 744.4 | 17% |
| 2019 | 2,767,069 | 693,005 | 2,074,064 | 763.3 | 18% |
| 2020 | 4,785,844 | 1,492,017 | 3,293,827 | 370.2 | 7% |
| 2021 | 4,408,931 | 920,583 | 3,488,348 | 751.3 | 12% |
| 2022 | 4,325,845 | 2,226,894 | 2,098,951 | 281.6 | 5% |
| 2023 | 4,033,463 | 898,968 | 3,134,495 | 789.4 | 14% |
In its most recent public year (2023), this organization brought in $3,134,495 more than it spent. Its reserves stood at about 789.4 months of spending, up from 213.1 in 2011. Staff pay was 14% of spending. $5,671,242 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
Halifax Medical Center 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