Mitchell County Regional Medical Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 463,240 | 591,415 | −128,175 | 6.0 | 0% |
| 2011 | 429,591 | 213,422 | 216,169 | 28.8 | 5% |
| 2012 | 214,085 | 69,705 | 144,380 | 113.0 | 0% |
| 2013 | 1,036,402 | 490,914 | 545,488 | 29.4 | 0% |
| 2014 | 444,638 | 388,408 | 56,230 | 38.9 | 0% |
| 2015 | 250,758 | 268,703 | −17,945 | 51.8 | 11% |
| 2016 | 523,946 | 438,166 | 85,780 | 34.4 | 14% |
| 2017 | 469,954 | 348,749 | 121,205 | 47.8 | 15% |
| 2018 | 611,553 | 559,525 | 52,028 | 31.1 | 9% |
| 2019 | 699,750 | 615,690 | 84,060 | 29.9 | 9% |
| 2020 | 699,225 | 433,950 | 265,275 | 50.1 | 12% |
| 2021 | 852,770 | 698,368 | 154,402 | 26.9 | 8% |
| 2022 | 758,284 | 709,799 | 48,485 | 27.3 | 28% |
| 2023 | 820,950 | 571,498 | 249,452 | 41.0 | 18% |
In its most recent public year (2023), this organization brought in $249,452 more than it spent. Its reserves stood at about 41 months of spending, up from 6 in 2010. Staff pay was 18% 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
Mitchell County Regional Medical Foundation'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