Lankenau Medical Center Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 36,246,000 | 32,392,000 | 3,854,000 | 123.3 | 0% |
| 2012 | 15,943,111 | 35,367,306 | −19,424,195 | 102.8 | 0% |
| 2013 | 20,731,200 | 34,777,550 | −14,046,350 | 106.9 | 0% |
| 2014 | 29,663,900 | 33,743,538 | −4,079,638 | 116.9 | 0% |
| 2015 | 74,513,978 | 18,338,743 | 56,175,235 | 215.4 | 0% |
| 2016 | 17,701,330 | 17,589,259 | 112,071 | 217.0 | 0% |
| 2017 | 13,696,379 | 18,769,742 | −5,073,363 | 219.2 | 0% |
| 2018 | 22,105,892 | 14,972,825 | 7,133,067 | 292.8 | 0% |
| 2019 | 16,773,409 | 16,858,011 | −84,602 | 267.3 | 0% |
| 2020 | 17,885,122 | 15,679,717 | 2,205,405 | 289.9 | 0% |
| 2021 | 35,694,086 | 14,182,926 | 21,511,160 | 408.4 | 0% |
| 2022 | 30,503,585 | 20,319,610 | 10,183,975 | 242.5 | 0% |
| 2023 | 12,576,070 | 18,383,180 | −5,807,110 | 291.1 | 0% |
In its most recent public year (2023), this organization spent $5,807,110 more than it brought in. Its reserves stood at about 291.1 months of spending, up from 123.3 in 2011. Staff pay was 0% of spending. $197,817,524 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works