Lifecare Medical Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 51,638,149 | 47,975,416 | 3,662,733 | 19.6 | 47% |
| 2021 | 64,501,659 | 50,893,549 | 13,608,110 | 21.7 | 46% |
| 2022 | 57,082,770 | 54,578,646 | 2,504,124 | 20.7 | 46% |
| 2023 | 58,253,621 | 55,626,625 | 2,626,996 | 21.0 | 47% |
In its most recent public year (2023), this organization brought in $2,626,996 more than it spent. Its reserves stood at about 21 months of spending, up from 19.6 in 2020. Staff pay was 47% 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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