Putnam Hospital Center Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 494,159 | 559,984 | −65,825 | 327.4 | 27% |
| 2020 | 1,494,346 | 650,007 | 844,339 | 293.0 | 0% |
| 2021 | 1,019,685 | 3,146,501 | −2,126,816 | 56.6 | 0% |
| 2022 | 1,116,405 | 160,366 | 956,039 | 981.9 | 0% |
| 2023 | 835,664 | 445,474 | 390,190 | 384.3 | 0% |
In its most recent public year (2023), this organization brought in $390,190 more than it spent. Its reserves stood at about 384.3 months of spending, up from 327.4 in 2019. Staff pay was 0% of spending. $4,616,199 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
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