Ivinson Memorial Hospital
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 114,049,023 | 98,179,914 | 15,869,109 | 29.6 | 35% |
| 2021 | 131,513,003 | 110,096,079 | 21,416,924 | 31.9 | 32% |
| 2022 | 138,697,602 | 114,215,879 | 24,481,723 | 32.5 | 34% |
| 2023 | 147,185,037 | 126,708,145 | 20,476,892 | 32.5 | 34% |
In its most recent public year (2023), this organization brought in $20,476,892 more than it spent. Its reserves stood at about 32.5 months of spending, up from 29.6 in 2020. Staff pay was 34% of spending. $61,708,872 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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