Mcpherson Hospital Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 32,075,773 | 33,488,964 | −1,413,191 | 3.5 | 47% |
| 2021 | 43,682,438 | 37,113,375 | 6,569,063 | 5.4 | 47% |
| 2022 | 44,228,376 | 43,896,120 | 332,256 | 4.5 | 43% |
| 2023 | 42,670,082 | 45,464,362 | −2,794,280 | 3.6 | 45% |
In its most recent public year (2023), this organization spent $2,794,280 more than it brought in. Its reserves stood at about 3.6 months of spending. Staff pay was 45% of spending. $2,549,169 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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