everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Caromont Medical Group Inc

Gastonia, NC / EIN 56-1479712 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201187,805,05695,012,573−7,207,51711.564%
201294,648,402107,712,120−13,063,7188.364%
201392,789,413105,454,534−12,665,1217.365%
201499,248,156111,774,079−12,525,9235.961%
2015106,303,396117,064,939−10,761,5434.465%
2016108,145,808124,476,491−16,330,6832.567%
2017108,372,408126,466,070−18,093,6621.964%
2018121,391,347141,008,715−19,617,3681.465%
2019122,372,105149,535,956−27,163,8511.965%
2020124,328,633149,986,964−25,658,3312.165%
2021131,069,416162,051,189−30,981,7732.364%
2022144,361,376175,319,689−30,958,3132.066%
2023155,331,576192,179,329−36,847,7532.266%

In its most recent public year (2023), this organization spent $36,847,753 more than it brought in. Its reserves stood at about 2.2 months of spending, down from 11.5 in 2011. Staff pay was 66% of spending.

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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