Titusville Area Hospital
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 31,695,665 | 30,687,623 | 1,008,042 | 2.0 | 40% |
| 2012 | 33,772,288 | 32,253,054 | 1,519,234 | 1.8 | 37% |
| 2013 | 31,513,898 | 33,258,609 | −1,744,711 | 1.3 | 39% |
| 2014 | 26,332,674 | 29,973,703 | −3,641,029 | 3.0 | 41% |
| 2015 | 26,095,000 | 27,813,004 | −1,718,004 | 2.8 | 39% |
| 2016 | 24,099,236 | 27,743,791 | −3,644,555 | 0.9 | 42% |
| 2017 | 25,699,927 | 27,511,279 | −1,811,352 | 0.2 | 35% |
| 2018 | 30,227,166 | 28,834,322 | 1,392,844 | 0.8 | 34% |
| 2019 | 35,054,742 | 33,584,519 | 1,470,223 | 1.3 | 35% |
| 2020 | 43,867,324 | 45,348,417 | −1,481,093 | 0.8 | 42% |
| 2021 | 54,133,545 | 49,168,468 | 4,965,077 | 2.2 | 40% |
| 2022 | 58,514,089 | 52,451,524 | 6,062,565 | 3.3 | 41% |
| 2023 | 58,951,364 | 52,992,803 | 5,958,561 | 4.9 | 39% |
In its most recent public year (2023), this organization brought in $5,958,561 more than it spent. Its reserves stood at about 4.9 months of spending, up from 2 in 2011. Staff pay was 39% of spending. $3,725,145 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
Titusville Area Hospital's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works