Hatch Area Medical Center Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,365,516 | 918,599 | 446,917 | 41.3 | 31% |
| 2013 | 1,412,081 | 982,415 | 429,666 | 43.9 | 34% |
| 2014 | 1,641,276 | 1,084,113 | 557,163 | 46.0 | 28% |
| 2015 | 1,814,409 | 1,181,686 | 632,723 | 48.6 | 30% |
| 2016 | 1,720,654 | 1,138,977 | 581,677 | 56.5 | 27% |
| 2017 | 1,660,531 | 1,143,443 | 517,088 | 61.7 | 23% |
| 2018 | 1,768,207 | 1,326,971 | 441,236 | 57.2 | 20% |
| 2019 | 2,343,165 | 1,533,312 | 809,853 | 55.9 | 18% |
| 2020 | 2,229,125 | 1,606,729 | 622,396 | 58.1 | 16% |
| 2021 | 2,305,837 | 1,450,643 | 855,194 | 71.4 | 12% |
| 2022 | 2,222,567 | 1,338,247 | 884,320 | 85.3 | 13% |
| 2023 | 1,622,737 | 1,478,581 | 144,156 | 78.3 | 14% |
| 2024 | 2,203,336 | 1,430,868 | 772,468 | 87.3 | 9% |
In its most recent public year (2024), this organization brought in $772,468 more than it spent. Its reserves stood at about 87.3 months of spending, up from 41.3 in 2012. Staff pay was 9% of spending. $70,967 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 2024. 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
Hatch Area Medical Center Foundation's IRS filings as a feed — one entry per filing year, through 2024. 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