The Knights Community Hospital Equipment Lend Program Services
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 244,030 | 185,145 | 58,885 | 23.5 | 16% |
| 2021 | 489,275 | 292,320 | 196,955 | 23.0 | 10% |
| 2022 | 751,550 | 396,288 | 355,262 | 27.7 | 9% |
| 2023 | 492,012 | 422,181 | 69,831 | 28.9 | 10% |
In its most recent public year (2023), this organization brought in $69,831 more than it spent. Its reserves stood at about 28.9 months of spending, up from 23.5 in 2020. Staff pay was 10% 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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