Lawrence And Memorial Hospital Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 383,580,295 | 394,935,731 | −11,355,436 | 6.6 | 39% |
| 2021 | 440,849,922 | 419,884,133 | 20,965,789 | 7.5 | 38% |
| 2022 | 461,794,793 | 442,738,204 | 19,056,589 | 7.3 | 39% |
| 2023 | 471,777,121 | 464,752,849 | 7,024,272 | 7.3 | 37% |
In its most recent public year (2023), this organization brought in $7,024,272 more than it spent. Its reserves stood at about 7.3 months of spending. Staff pay was 37% of spending. $35,921,367 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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