Bronson South Haven Hospital
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 40,243,911 | 41,373,710 | −1,129,799 | 5.1 | 49% |
| 2018 | 40,881,546 | 44,413,129 | −3,531,583 | 4.9 | 49% |
| 2019 | 44,835,934 | 42,414,344 | 2,421,590 | 5.8 | 47% |
| 2020 | 36,568,237 | 37,024,750 | −456,513 | 6.5 | 46% |
| 2021 | 38,417,378 | 40,989,418 | −2,572,040 | 5.1 | 47% |
| 2022 | 48,227,862 | 42,322,242 | 5,905,620 | 7.1 | 49% |
| 2023 | 43,948,609 | 42,445,128 | 1,503,481 | 7.5 | 49% |
In its most recent public year (2023), this organization brought in $1,503,481 more than it spent. Its reserves stood at about 7.5 months of spending, up from 5.1 in 2017. Staff pay was 49% 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
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