Washington Township Hospital Developmdnt Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 33,400,575 | 34,768,993 | −1,368,418 | -5.7 | 0% |
| 2021 | 35,268,002 | 35,468,724 | −200,722 | -5.3 | 0% |
| 2022 | 38,474,515 | 39,849,630 | −1,375,115 | -5.5 | 0% |
| 2023 | 41,676,739 | 44,138,615 | −2,461,876 | -6.5 | 0% |
In its most recent public year (2023), this organization spent $2,461,876 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-6.5 months). Staff pay was 0% 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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