Greater Baltimore Medical Center Land Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 8,163,348 | 4,062,512 | 4,100,836 | 15.6 | 4% |
| 2021 | 3,178,096 | 4,719,343 | −1,541,247 | 9.5 | 1% |
| 2022 | 3,007,754 | 4,847,275 | −1,839,521 | 4.7 | 1% |
| 2023 | 2,721,637 | 4,866,276 | −2,144,639 | -0.6 | 1% |
In its most recent public year (2023), this organization spent $2,144,639 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.6 months), down from 15.6 in 2020. Staff pay was 1% 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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