Virginia Center For Health Innovation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 702,872 | 346,279 | 356,593 | 15.2 | 58% |
| 2013 | 1,133,252 | 768,133 | 365,119 | 13.0 | 35% |
| 2014 | 583,505 | 630,142 | −46,637 | 14.9 | 39% |
| 2015 | 2,008,133 | 2,023,339 | −15,206 | 4.6 | 27% |
| 2016 | 1,622,019 | 1,707,213 | −85,194 | 4.8 | 28% |
| 2017 | 1,015,995 | 894,252 | 121,743 | 10.8 | 48% |
| 2018 | 888,640 | 916,149 | −27,509 | 10.2 | 39% |
| 2019 | 1,006,602 | 830,642 | 175,960 | 13.8 | 42% |
| 2020 | 1,564,500 | 1,219,609 | 344,891 | 12.8 | 34% |
| 2021 | 1,336,607 | 1,306,950 | 29,657 | 12.2 | 31% |
| 2022 | 1,055,072 | 1,150,450 | −95,378 | 12.0 | 34% |
| 2023 | 953,065 | 1,145,763 | −192,698 | 10.4 | 41% |
In its most recent public year (2023), this organization spent $192,698 more than it brought in. Its reserves stood at about 10.4 months of spending, down from 15.2 in 2012. Staff pay was 41% of spending. $129,178 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works