Concord Hospital- Franklin
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 12,542,316 | 9,618,250 | 2,924,066 | 4.1 | 47% |
| 2022 | 33,485,171 | 31,129,884 | 2,355,287 | 6.0 | 47% |
| 2023 | 37,852,371 | 28,622,927 | 9,229,444 | 10.4 | 41% |
In its most recent public year (2023), this organization brought in $9,229,444 more than it spent. Its reserves stood at about 10.4 months of spending, up from 4.1 in 2021. Staff pay was 41% of spending. $305,008 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
Concord Hospital- Franklin's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works