Smyth County Community Hospital
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 54,851,079 | 46,498,817 | 8,352,262 | 25.2 | 37% |
| 2021 | 52,168,793 | 50,417,441 | 1,751,352 | 25.1 | 33% |
| 2022 | 55,477,521 | 47,902,357 | 7,575,164 | 8.9 | 33% |
| 2023 | 46,335,724 | 47,496,954 | −1,161,230 | 9.7 | 33% |
In its most recent public year (2023), this organization spent $1,161,230 more than it brought in. Its reserves stood at about 9.7 months of spending, down from 25.2 in 2020. Staff pay was 33% of spending. $2,500 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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