Operating record

Scotland Memorial Hospital Incorporated

Laurinburg, NC · EIN 56-0583151 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$211,707,618$188,753,786$22,953,8329.832%
2021$244,240,508$215,739,941$28,500,56710.830%
2022$245,735,799$225,575,704$20,160,09510.731%
2023$273,856,736$244,723,012$29,133,72411.531%

In its most recent public year (2023), this organization brought in $29,133,724 more than it spent. Its reserves stood at about 11.5 months of spending, up from 9.8 in 2020. Staff pay was 31% of spending. $1,804,747 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 ↗