Spectrum Health Care Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,822,437 | 2,820,526 | 1,911 | 1.8 | 55% |
| 2012 | 2,811,507 | 2,805,361 | 6,146 | 1.8 | 54% |
| 2013 | 2,897,067 | 2,975,960 | −78,893 | 1.4 | 51% |
| 2014 | 2,702,006 | 2,842,880 | −140,874 | 0.9 | 52% |
| 2015 | 2,818,024 | 2,706,799 | 111,225 | 1.4 | 53% |
| 2016 | 3,005,520 | 2,676,655 | 328,865 | 2.7 | 51% |
| 2017 | 2,719,556 | 2,663,802 | 55,754 | 3.0 | 55% |
| 2018 | 3,162,519 | 2,943,128 | 219,391 | 3.8 | 54% |
| 2019 | 3,485,712 | 3,433,325 | 52,387 | 3.4 | 55% |
| 2020 | 3,217,502 | 3,734,623 | −517,121 | 1.2 | 55% |
| 2021 | 3,960,422 | 3,659,266 | 301,156 | 2.2 | 56% |
| 2022 | 6,567,447 | 4,842,908 | 1,724,539 | 6.0 | 58% |
| 2023 | 6,055,338 | 5,137,138 | 918,200 | 7.8 | 59% |
| 2024 | 7,441,498 | 5,990,374 | 1,451,124 | 9.6 | 63% |
In its most recent public year (2024), this organization brought in $1,451,124 more than it spent. Its reserves stood at about 9.6 months of spending, up from 1.8 in 2011. Staff pay was 63% 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 2024. 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
Spectrum Health Care Inc's IRS filings as a feed — one entry per filing year, through 2024. 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