Hancock Regional Hospital Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,037,784 | 997,097 | 1,040,687 | 185.1 | 0% |
| 2021 | 3,091,026 | 951,342 | 2,139,684 | 250.9 | 0% |
| 2022 | 3,375,815 | 2,685,311 | 690,504 | 80.3 | 0% |
| 2023 | 2,633,894 | 1,655,982 | 977,912 | 154.1 | 0% |
In its most recent public year (2023), this organization brought in $977,912 more than it spent. Its reserves stood at about 154.1 months of spending, down from 185.1 in 2020. Staff pay was 0% of spending. $14,020,698 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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