Barbara Ann Karmanos Cancer Hospital
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 324,568,138 | 304,003,178 | 20,564,960 | 6.5 | 21% |
| 2021 | 374,893,071 | 354,322,783 | 20,570,288 | 6.3 | 20% |
| 2022 | 402,469,972 | 377,588,451 | 24,881,521 | 1.4 | 21% |
| 2023 | 468,910,123 | 434,686,052 | 34,224,071 | 4.3 | 21% |
In its most recent public year (2023), this organization brought in $34,224,071 more than it spent. Its reserves stood at about 4.3 months of spending, down from 6.5 in 2020. Staff pay was 21% of spending. $666,104 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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