Weeks Medical Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 61,689,865 | 56,343,041 | 5,346,824 | 9.6 | 51% |
| 2021 | 69,251,055 | 63,519,364 | 5,731,691 | 10.0 | 46% |
| 2022 | 76,173,363 | 73,262,968 | 2,910,395 | 8.2 | 45% |
| 2023 | 86,911,429 | 88,104,263 | −1,192,834 | 6.7 | 29% |
In its most recent public year (2023), this organization spent $1,192,834 more than it brought in. Its reserves stood at about 6.7 months of spending, down from 9.6 in 2020. Staff pay was 29% of spending. $1,414,654 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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