Gbmc Healthcare Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 11,328,740 | 2,981,928 | 8,346,812 | 2408.1 | 55% |
| 2021 | 3,121,010 | 4,702,167 | −1,581,157 | 1937.4 | 50% |
| 2022 | 2,193,532 | 3,359,491 | −1,165,959 | 2406.0 | 64% |
| 2023 | 2,120,693 | 2,544,900 | −424,207 | 3114.4 | 71% |
In its most recent public year (2023), this organization spent $424,207 more than it brought in. Its reserves stood at about 3114.4 months of spending, up from 2408.1 in 2020. Staff pay was 71% of spending. $129,417,451 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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