Mount Nittany Medical Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 410,834,007 | 388,852,338 | 21,981,669 | 11.7 | 37% |
| 2021 | 487,465,403 | 396,451,479 | 91,013,924 | 15.3 | 33% |
| 2022 | 546,334,518 | 379,662,361 | 166,672,157 | 15.1 | 39% |
| 2023 | 482,115,313 | 441,795,095 | 40,320,218 | 17.2 | 36% |
In its most recent public year (2023), this organization brought in $40,320,218 more than it spent. Its reserves stood at about 17.2 months of spending, up from 11.7 in 2020. Staff pay was 36% of spending. $8,204,048 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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