Midstate Medical Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 379,906,364 | 356,518,886 | 23,387,478 | 6.1 | 23% |
| 2021 | 410,150,277 | 379,470,588 | 30,679,689 | 8.7 | 22% |
| 2022 | 439,842,089 | 424,155,725 | 15,686,364 | 8.7 | 28% |
| 2023 | 478,470,804 | 465,983,868 | 12,486,936 | 7.7 | 27% |
In its most recent public year (2023), this organization brought in $12,486,936 more than it spent. Its reserves stood at about 7.7 months of spending, up from 6.1 in 2020. Staff pay was 27% of spending. $18,007,143 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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