Albany General Hospital Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 944,893 | 1,049,217 | −104,324 | 56.7 | 0% |
| 2012 | 1,076,260 | 2,447,755 | −1,371,495 | 17.9 | 0% |
| 2013 | 878,479 | 798,119 | 80,360 | 58.1 | 0% |
| 2014 | 740,361 | 694,842 | 45,519 | 67.7 | 0% |
| 2015 | 547,316 | 1,028,883 | −481,567 | 38.9 | 0% |
| 2016 | 1,137,706 | 634,970 | 502,736 | 73.6 | 0% |
| 2017 | 806,080 | 595,653 | 210,427 | 88.9 | 0% |
| 2018 | 632,859 | 521,055 | 111,804 | 94.5 | 0% |
| 2019 | 1,141,937 | 871,083 | 270,854 | 64.0 | 0% |
| 2020 | 634,228 | 860,921 | −226,693 | 65.9 | 0% |
| 2021 | 1,095,347 | 575,795 | 519,552 | 107.3 | 0% |
| 2022 | 703,589 | 847,590 | −144,001 | 58.7 | 0% |
| 2023 | 528,901 | 1,058,693 | −529,792 | 46.1 | 0% |
In its most recent public year (2023), this organization spent $529,792 more than it brought in. Its reserves stood at about 46.1 months of spending, down from 56.7 in 2011. Staff pay was 0% of spending. $2,666,697 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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