Verde Valley Medical Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 172,983,903 | 136,989,470 | 35,994,433 | 24.5 | 38% |
| 2021 | 199,632,184 | 151,943,263 | 47,688,921 | 27.8 | 35% |
| 2022 | 209,945,790 | 167,084,801 | 42,860,989 | 21.9 | 39% |
| 2023 | 191,064,204 | 165,031,079 | 26,033,125 | 18.7 | 38% |
In its most recent public year (2023), this organization brought in $26,033,125 more than it spent. Its reserves stood at about 18.7 months of spending, down from 24.5 in 2020. Staff pay was 38% 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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