Lenoir Memorial Hospital Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 125,756,461 | 122,153,760 | 3,602,701 | 12.9 | 36% |
| 2012 | 136,559,167 | 136,020,586 | 538,581 | 12.2 | 34% |
| 2013 | 136,936,560 | 138,301,509 | −1,364,949 | 12.0 | 35% |
| 2014 | 128,829,259 | 131,231,555 | −2,402,296 | 12.9 | 35% |
| 2015 | 134,543,452 | 131,328,111 | 3,215,341 | 13.0 | 35% |
| 2016 | 138,808,531 | 134,444,935 | 4,363,596 | 13.4 | 36% |
| 2017 | 132,868,330 | 137,987,219 | −5,118,889 | 12.8 | 36% |
| 2018 | 95,753,150 | 101,071,206 | −5,318,056 | 16.8 | 35% |
| 2019 | 137,561,543 | 139,141,868 | −1,580,325 | 12.4 | 32% |
| 2020 | 144,714,968 | 147,507,185 | −2,792,217 | 11.8 | 31% |
| 2021 | 148,781,962 | 151,050,079 | −2,268,117 | 11.7 | 32% |
| 2022 | 155,762,960 | 165,133,906 | −9,370,946 | 9.1 | 30% |
| 2023 | 162,474,027 | 161,489,466 | 984,561 | 9.5 | 31% |
In its most recent public year (2023), this organization brought in $984,561 more than it spent. Its reserves stood at about 9.5 months of spending, down from 12.9 in 2011. Staff pay was 31% of spending. $34,239,502 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
Lenoir Memorial Hospital Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works