Boone Memorial Hospital Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 49,892,559 | 47,267,041 | 2,625,518 | 3.4 | 43% |
| 2021 | 58,312,219 | 54,144,357 | 4,167,862 | 3.9 | 45% |
| 2022 | 67,370,697 | 65,156,148 | 2,214,549 | 3.6 | 46% |
| 2023 | 72,177,450 | 70,345,825 | 1,831,625 | 3.7 | 44% |
In its most recent public year (2023), this organization brought in $1,831,625 more than it spent. Its reserves stood at about 3.7 months of spending. Staff pay was 44% of spending. $100,000 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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