Indiana University Health Blackford Hospital Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 19,874,944 | 21,282,237 | −1,407,293 | 4.5 | 23% |
| 2021 | 29,029,033 | 25,581,477 | 3,447,556 | 5.4 | 31% |
| 2022 | 25,680,950 | 28,895,088 | −3,214,138 | 3.4 | 34% |
| 2023 | 18,700,705 | 23,774,787 | −5,074,082 | 1.6 | 28% |
In its most recent public year (2023), this organization spent $5,074,082 more than it brought in. Its reserves stood at about 1.6 months of spending, down from 4.5 in 2020. Staff pay was 28% 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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