Foundation For Mount Nittany Medical Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,982,650 | 4,842,112 | −859,462 | 21.2 | 4% |
| 2012 | 1,409,232 | 2,504,805 | −1,095,573 | 36.2 | 9% |
| 2013 | 3,374,471 | 4,065,903 | −691,432 | 20.0 | 7% |
| 2014 | 3,982,622 | 2,585,216 | 1,397,406 | 38.1 | 11% |
| 2015 | 2,589,410 | 1,748,319 | 841,091 | 62.9 | 13% |
| 2016 | 1,609,847 | 1,480,276 | 129,571 | 75.6 | 18% |
| 2017 | 2,257,015 | 1,444,441 | 812,574 | 82.8 | 20% |
| 2018 | 3,461,989 | 783,004 | 2,678,985 | 197.9 | 46% |
| 2019 | 4,474,617 | 799,652 | 3,674,965 | 263.2 | 40% |
| 2020 | 4,328,919 | 4,440,236 | −111,317 | 47.2 | 10% |
| 2021 | 2,657,809 | 4,142,349 | −1,484,540 | 52.2 | 14% |
| 2022 | 6,079,084 | 2,836,639 | 3,242,445 | 62.4 | 20% |
| 2023 | 6,254,654 | 3,874,054 | 2,380,600 | 59.4 | 12% |
In its most recent public year (2023), this organization brought in $2,380,600 more than it spent. Its reserves stood at about 59.4 months of spending, up from 21.2 in 2011. Staff pay was 12% of spending. $8,148,041 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
Foundation For Mount Nittany Medical Center'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