Sturdy Memorial Hospital
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 242,480,770 | 228,515,077 | 13,965,693 | 21.5 | 41% |
| 2021 | 274,264,113 | 251,725,014 | 22,539,099 | 24.5 | 40% |
| 2022 | 278,647,434 | 264,782,693 | 13,864,741 | 20.4 | 39% |
| 2023 | 290,221,417 | 285,733,561 | 4,487,856 | 20.8 | 39% |
In its most recent public year (2023), this organization brought in $4,487,856 more than it spent. Its reserves stood at about 20.8 months of spending. Staff pay was 39% of spending. $22,591 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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