Eastport Memorial Hospital
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,869,940 | 2,472,446 | 397,494 | 11.7 | 64% |
| 2021 | 2,712,991 | 2,502,388 | 210,603 | 13.2 | 63% |
| 2022 | 3,147,822 | 3,063,197 | 84,625 | 10.6 | 63% |
| 2023 | 3,350,847 | 3,308,939 | 41,908 | 10.3 | 61% |
In its most recent public year (2023), this organization brought in $41,908 more than it spent. Its reserves stood at about 10.3 months of spending, down from 11.7 in 2020. Staff pay was 61% 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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