Piedmont Regional Health Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 26,855,399 | 26,567,303 | 288,096 | -0.3 | 44% |
| 2021 | 23,612,641 | 23,748,078 | −135,437 | -0.3 | 42% |
| 2022 | 23,594,337 | 24,592,753 | −998,416 | 0.2 | 42% |
| 2023 | 21,237,699 | 24,269,570 | −3,031,871 | 0.3 | 50% |
In its most recent public year (2023), this organization spent $3,031,871 more than it brought in. Its reserves stood at about 0.3 months of spending. Staff pay was 50% 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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