Newport Hospital
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 120,798,921 | 114,287,211 | 6,511,710 | 27.8 | 36% |
| 2012 | 119,649,082 | 109,345,346 | 10,303,736 | 30.8 | 37% |
| 2013 | 120,102,204 | 115,271,482 | 4,830,722 | 29.5 | 37% |
| 2014 | 113,189,706 | 110,240,142 | 2,949,564 | 30.8 | 37% |
| 2015 | 110,856,236 | 105,751,060 | 5,105,176 | 29.0 | 40% |
| 2016 | 106,962,868 | 110,052,699 | −3,089,831 | 26.7 | 38% |
| 2017 | 120,625,236 | 112,172,415 | 8,452,821 | 28.2 | 39% |
| 2018 | 125,015,621 | 117,402,560 | 7,613,061 | 27.7 | 40% |
| 2019 | 127,699,454 | 121,803,033 | 5,896,421 | 24.5 | 40% |
| 2020 | 129,356,441 | 124,625,759 | 4,730,682 | 24.6 | 38% |
| 2021 | 147,656,506 | 129,859,798 | 17,796,708 | 28.6 | 39% |
| 2022 | 131,097,711 | 132,117,552 | −1,019,841 | 25.4 | 42% |
| 2023 | 149,049,913 | 143,736,247 | 5,313,666 | 25.1 | 43% |
In its most recent public year (2023), this organization brought in $5,313,666 more than it spent. Its reserves stood at about 25.1 months of spending, down from 27.8 in 2011. Staff pay was 43% of spending. $91,068,742 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
Newport Hospital's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works