Healthcare Anchor Network Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 4,778,940 | 22,445 | 4,756,495 | 2543.0 | 6% |
| 2022 | 2,977,282 | 2,243,824 | 733,458 | 29.4 | 47% |
| 2023 | 5,225,351 | 3,193,976 | 2,031,375 | 28.3 | 39% |
In its most recent public year (2023), this organization brought in $2,031,375 more than it spent. Its reserves stood at about 28.3 months of spending, down from 2543 in 2021. Staff pay was 39% of spending. $2,624,893 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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