Spectrum Health Service Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,127,220 | 5,955,480 | 171,740 | 5.5 | 52% |
| 2012 | 6,836,876 | 7,620,924 | −784,048 | 3.1 | 44% |
| 2013 | 7,087,964 | 7,134,465 | −46,501 | 3.2 | 46% |
| 2014 | 9,648,646 | 8,095,422 | 1,553,224 | 5.1 | 45% |
| 2015 | 6,691,195 | 7,970,887 | −1,279,692 | 3.3 | 45% |
| 2016 | 8,180,481 | 8,094,605 | 85,876 | 3.4 | 49% |
| 2017 | 10,836,037 | 9,746,787 | 1,089,250 | 4.1 | 45% |
| 2018 | 12,655,875 | 10,446,744 | 2,209,131 | 6.4 | 47% |
| 2019 | 12,506,621 | 13,574,545 | −1,067,924 | 5.0 | 49% |
| 2020 | 17,683,542 | 15,249,031 | 2,434,511 | 6.2 | 51% |
| 2021 | 22,165,615 | 17,697,041 | 4,468,574 | 7.8 | 41% |
| 2022 | 25,530,659 | 19,214,363 | 6,316,296 | 11.0 | 45% |
| 2023 | 25,088,999 | 22,127,331 | 2,961,668 | 11.4 | 42% |
In its most recent public year (2023), this organization brought in $2,961,668 more than it spent. Its reserves stood at about 11.4 months of spending, up from 5.5 in 2011. Staff pay was 42% 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
Spectrum Health Service Inc'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