Gainesville Community Hospital Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 32,496,888 | 30,196,238 | 2,300,650 | 1.2 | 30% |
| 2020 | 42,038,520 | 38,349,873 | 3,688,647 | 1.3 | 41% |
| 2021 | 44,869,331 | 42,207,297 | 2,662,034 | 1.7 | 37% |
| 2022 | 45,244,281 | 43,822,359 | 1,421,922 | 1.8 | 40% |
| 2023 | 43,732,532 | 44,916,248 | −1,183,716 | 1.5 | 42% |
In its most recent public year (2023), this organization spent $1,183,716 more than it brought in. Its reserves stood at about 1.5 months of spending. Staff pay was 42% of spending. $283,965 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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