Los Angeles General Medical Center Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 10,500 | 16,916 | −6,416 | 31.4 | — |
| 2012 | 357,764 | 141,697 | 216,067 | 24.7 | 0% |
| 2013 | 10,356,356 | 932,831 | 9,423,525 | 125.0 | 5% |
| 2014 | 2,163,577 | 8,757,402 | −6,593,825 | 4.3 | 3% |
| 2015 | 1,326,874 | 3,302,104 | −1,975,230 | 4.2 | 12% |
| 2016 | 2,665,700 | 900,928 | 1,764,772 | 38.8 | 51% |
| 2017 | 1,961,829 | 1,629,526 | 332,303 | 26.7 | 43% |
| 2018 | 1,251,830 | 2,010,652 | −758,822 | 17.1 | 36% |
| 2019 | 2,590,200 | 2,030,812 | 559,388 | 20.3 | 44% |
| 2020 | 2,977,492 | 2,684,202 | 293,290 | 16.7 | 38% |
| 2021 | 2,985,751 | 3,843,405 | −857,654 | 9.0 | 25% |
| 2022 | 4,861,500 | 4,402,649 | 458,851 | 9.1 | 33% |
| 2023 | 4,968,338 | 4,590,971 | 377,367 | 9.6 | 36% |
In its most recent public year (2023), this organization brought in $377,367 more than it spent. Its reserves stood at about 9.6 months of spending, down from 31.4 in 2011. Staff pay was 36% of spending. $1,093,899 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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