Hospice Care Foundation Of The Piedmont Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | −26,257 | 20,740 | −46,997 | 1329.3 | 24% |
| 2021 | 684,829 | 195,818 | 489,011 | 183.3 | 18% |
| 2022 | 1,466,915 | 358,922 | 1,107,993 | 113.8 | 16% |
| 2023 | 684,631 | 201,788 | 482,843 | 239.8 | 63% |
In its most recent public year (2023), this organization brought in $482,843 more than it spent. Its reserves stood at about 239.8 months of spending, down from 1329.3 in 2020. Staff pay was 63% of spending. $37,845 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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