Polk Medical Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 32,320,130 | 24,391,494 | 7,928,636 | 20.7 | 43% |
| 2021 | 21,458,525 | 13,539,990 | 7,918,535 | 57.8 | 44% |
| 2022 | 68,199,123 | 49,193,702 | 19,005,421 | 20.0 | 29% |
| 2023 | 55,990,037 | 32,358,332 | 23,631,705 | 40.7 | 40% |
In its most recent public year (2023), this organization brought in $23,631,705 more than it spent. Its reserves stood at about 40.7 months of spending, up from 20.7 in 2020. Staff pay was 40% 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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