South Shore Hospital Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 747,772,833 | 691,336,943 | 56,435,890 | 6.4 | 55% |
| 2021 | 754,117,212 | 749,430,342 | 4,686,870 | 6.5 | 56% |
| 2022 | 782,781,208 | 829,190,893 | −46,409,685 | 4.7 | 52% |
| 2023 | 828,492,047 | 822,354,818 | 6,137,229 | 5.1 | 51% |
In its most recent public year (2023), this organization brought in $6,137,229 more than it spent. Its reserves stood at about 5.1 months of spending, down from 6.4 in 2020. Staff pay was 51% of spending. $16,129,398 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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