Washington State Medical Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 5,096,270 | 4,880,910 | 215,360 | 8.1 | 56% |
| 2021 | 5,332,115 | 5,197,689 | 134,426 | 8.5 | 55% |
| 2022 | 5,341,161 | 5,820,501 | −479,340 | 5.8 | 50% |
| 2023 | 5,727,523 | 5,705,899 | 21,624 | 6.5 | 55% |
In its most recent public year (2023), this organization brought in $21,624 more than it spent. Its reserves stood at about 6.5 months of spending, down from 8.1 in 2020. Staff pay was 55% of spending.
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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