Gaston Memorial Hospital Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,264,796 | 670,453 | 3,594,343 | 285.7 | 0% |
| 2012 | 2,541,364 | 3,053,654 | −512,290 | 62.6 | 0% |
| 2013 | 2,973,756 | 1,081,502 | 1,892,254 | 209.1 | 8% |
| 2014 | 1,508,629 | 913,100 | 595,529 | 274.5 | 12% |
| 2015 | 2,171,793 | 867,715 | 1,304,078 | 298.1 | 23% |
| 2016 | 1,076,188 | 1,005,192 | 70,996 | 247.6 | 25% |
| 2017 | 2,284,746 | 1,041,840 | 1,242,906 | 264.6 | 16% |
| 2018 | 2,055,056 | 1,170,381 | 884,675 | 244.7 | 17% |
| 2019 | 4,282,497 | 1,104,904 | 3,177,593 | 293.5 | 14% |
| 2020 | 2,167,745 | 1,701,822 | 465,923 | 192.1 | 11% |
| 2021 | 2,703,972 | 4,171,714 | −1,467,742 | 83.4 | 5% |
| 2022 | 2,489,196 | 1,483,784 | 1,005,412 | 210.5 | 12% |
| 2023 | 1,678,812 | 1,552,263 | 126,549 | 214.5 | 16% |
In its most recent public year (2023), this organization brought in $126,549 more than it spent. Its reserves stood at about 214.5 months of spending, down from 285.7 in 2011. Staff pay was 16% of spending. $5,854,534 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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