Piedmont Newnan Hospital Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 308,015,206 | 268,718,238 | 39,296,968 | 2.4 | 30% |
| 2021 | 372,452,260 | 293,133,202 | 79,319,058 | 3.2 | 28% |
| 2022 | 404,193,742 | 338,191,677 | 66,002,065 | 3.2 | 27% |
| 2023 | 428,483,215 | 352,810,365 | 75,672,850 | 4.3 | 27% |
In its most recent public year (2023), this organization brought in $75,672,850 more than it spent. Its reserves stood at about 4.3 months of spending, up from 2.4 in 2020. Staff pay was 27% of spending. $405,130 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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