Wellspan Health
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 121,502,691 | 122,801,742 | −1,299,051 | -15.9 | 42% |
| 2012 | 127,235,153 | 130,688,178 | −3,453,025 | -26.8 | 43% |
| 2013 | 151,978,752 | 149,893,586 | 2,085,166 | -15.6 | 42% |
| 2014 | 182,973,041 | 176,088,311 | 6,884,730 | -11.6 | 44% |
| 2015 | 207,943,133 | 199,515,287 | 8,427,846 | -15.1 | 43% |
| 2016 | 304,476,516 | 269,976,074 | 34,500,442 | -7.5 | 42% |
| 2017 | 300,481,495 | 333,516,713 | −33,035,218 | -6.6 | 43% |
| 2018 | 345,271,014 | 406,308,823 | −61,037,809 | -6.5 | 42% |
| 2019 | 445,504,901 | 461,124,564 | −15,619,663 | -7.1 | 38% |
| 2020 | 507,378,748 | 475,363,646 | 32,015,102 | -9.5 | 40% |
| 2021 | 553,522,884 | 550,828,560 | 2,694,324 | -5.6 | 41% |
| 2022 | 496,747,136 | 617,923,831 | −121,176,695 | -4.5 | 43% |
| 2023 | 593,155,549 | 695,552,093 | −102,396,544 | -4.2 | 43% |
In its most recent public year (2023), this organization spent $102,396,544 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-4.2 months), up from -15.9 in 2011. Staff pay was 43% of spending. $1,683,411 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
Wellspan Health'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