The Griffin Hospital
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 208,638,894 | 195,522,569 | 13,116,325 | -0.5 | 39% |
| 2021 | 272,075,473 | 243,389,089 | 28,686,384 | 1.4 | 39% |
| 2022 | 269,025,587 | 251,531,505 | 17,494,082 | 1.9 | 40% |
| 2023 | 260,493,264 | 243,747,183 | 16,746,081 | 2.6 | 42% |
In its most recent public year (2023), this organization brought in $16,746,081 more than it spent. Its reserves stood at about 2.6 months of spending, up from -0.5 in 2020. Staff pay was 42% of spending. $7,973,875 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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