Hand County Memorial Hospital
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,355,399 | 1,238,494 | 116,905 | 45.5 | 52% |
| 2022 | 1,216,790 | 1,357,241 | −140,451 | 39.7 | 54% |
| 2023 | 1,271,619 | 1,428,924 | −157,305 | 36.8 | 53% |
In its most recent public year (2023), this organization spent $157,305 more than it brought in. Its reserves stood at about 36.8 months of spending, down from 45.5 in 2021. Staff pay was 53% of spending. $133,445 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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