William Newton Memorial Hospital
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 45,913,497 | 46,956,415 | −1,042,918 | 2.3 | 42% |
| 2021 | 50,070,787 | 47,080,774 | 2,990,013 | 3.1 | 41% |
| 2022 | 45,893,493 | 50,770,433 | −4,876,940 | 1.7 | 39% |
| 2023 | 45,749,014 | 50,951,930 | −5,202,916 | 0.5 | 41% |
In its most recent public year (2023), this organization spent $5,202,916 more than it brought in. Its reserves stood at about 0.5 months of spending, down from 2.3 in 2020. Staff pay was 41% 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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