Gaston Memorial Hospital Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 410,915,293 | 378,093,485 | 32,821,808 | 0.8 | 35% |
| 2013 | 412,283,429 | 381,194,257 | 31,089,172 | 1.4 | 37% |
| 2014 | 423,941,793 | 383,615,327 | 40,326,466 | 1.8 | 36% |
| 2015 | 432,456,145 | 393,098,859 | 39,357,286 | 2.3 | 35% |
| 2016 | 465,260,105 | 435,640,358 | 29,619,747 | 2.9 | 34% |
| 2017 | 483,847,931 | 450,598,967 | 33,248,964 | 2.9 | 34% |
| 2018 | 513,497,423 | 470,373,377 | 43,124,046 | 3.3 | 35% |
| 2019 | 547,007,582 | 495,939,580 | 51,068,002 | 3.2 | 35% |
| 2020 | 583,498,888 | 526,498,049 | 57,000,839 | 2.4 | 33% |
| 2021 | 665,062,443 | 563,859,749 | 101,202,694 | 2.8 | 35% |
| 2022 | 689,404,813 | 631,933,737 | 57,471,076 | 4.3 | 35% |
| 2023 | 709,858,408 | 650,792,303 | 59,066,105 | 7.3 | 37% |
In its most recent public year (2023), this organization brought in $59,066,105 more than it spent. Its reserves stood at about 7.3 months of spending, up from 0.8 in 2011. Staff pay was 37% of spending. $55,389,467 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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