Bedford Memorial Hospital
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 35,673,259 | 33,669,399 | 2,003,860 | 3.3 | 37% |
| 2012 | 37,172,407 | 35,593,585 | 1,578,822 | 3.1 | 36% |
| 2013 | 36,754,880 | 35,808,969 | 945,911 | 5.3 | 37% |
| 2014 | 8,953,085 | 9,557,940 | −604,855 | 30.2 | 50% |
| 2015 | 34,970,185 | 38,048,549 | −3,078,364 | 6.6 | 50% |
| 2016 | 38,248,294 | 41,434,101 | −3,185,807 | 5.2 | 48% |
| 2017 | 37,183,868 | 40,550,151 | −3,366,283 | 4.2 | 42% |
| 2018 | 40,568,084 | 44,111,198 | −3,543,114 | 2.9 | 43% |
| 2019 | 45,271,644 | 43,431,202 | 1,840,442 | 3.5 | 42% |
| 2020 | 44,686,074 | 41,839,063 | 2,847,011 | 4.4 | 41% |
| 2021 | 58,938,493 | 43,333,048 | 15,605,445 | 8.6 | 40% |
| 2022 | 49,940,863 | 44,842,209 | 5,098,654 | 10.0 | 38% |
| 2023 | 53,292,387 | 44,886,760 | 8,405,627 | 9.0 | 40% |
In its most recent public year (2023), this organization brought in $8,405,627 more than it spent. Its reserves stood at about 9 months of spending, up from 3.3 in 2011. Staff pay was 40% 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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