Logan Health
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 22,190,647 | 9,803,973 | 12,386,674 | 80.0 | 55% |
| 2021 | 21,460,963 | 9,355,475 | 12,105,488 | 108.5 | 59% |
| 2022 | 18,872,923 | 7,828,870 | 11,044,053 | -7.0 | 56% |
| 2023 | 4,186 | 622,852 | −618,666 | -212.4 | 34% |
In its most recent public year (2023), this organization spent $618,666 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-212.4 months), down from 80 in 2020. Staff pay was 34% of spending.
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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