Skagit Valley Hospital Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 909,617 | 1,343,830 | −434,213 | 9.1 | 0% |
| 2012 | 573,150 | 347,809 | 225,341 | 44.0 | 0% |
| 2013 | 499,178 | 566,498 | −67,320 | 26.1 | 0% |
| 2014 | 572,642 | 292,506 | 280,136 | 61.7 | 0% |
| 2015 | 495,277 | 578,673 | −83,396 | 28.1 | 0% |
| 2016 | 499,662 | 257,067 | 242,595 | 75.6 | 0% |
| 2017 | 642,764 | 605,416 | 37,348 | 34.2 | 0% |
| 2018 | 847,279 | 460,438 | 386,841 | 52.7 | 0% |
| 2019 | 917,389 | 1,122,363 | −204,974 | 20.8 | 0% |
| 2020 | 1,617,624 | 1,167,469 | 450,155 | 25.8 | 0% |
| 2021 | 607,753 | 182,144 | 425,609 | 196.5 | 0% |
| 2022 | 748,703 | 556,123 | 192,580 | 59.4 | 0% |
| 2023 | 4,072,318 | 1,453,215 | 2,619,103 | 46.6 | 0% |
In its most recent public year (2023), this organization brought in $2,619,103 more than it spent. Its reserves stood at about 46.6 months of spending, up from 9.1 in 2011. Staff pay was 0% of spending. $5,057,360 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
Skagit Valley Hospital Foundation's IRS filings as a feed — one entry per filing year, through 2023. 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