Tower Health Medical Group
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 38,376,940 | 57,284,671 | −18,907,731 | -0.6 | 65% |
| 2012 | 42,684,547 | 67,146,371 | −24,461,824 | -0.7 | 66% |
| 2013 | 39,834,696 | 73,622,071 | −33,787,375 | -0.9 | 68% |
| 2014 | 52,773,547 | 93,515,268 | −40,741,721 | -0.8 | 66% |
| 2015 | 53,371,694 | 98,955,221 | −45,583,527 | -0.8 | 68% |
| 2016 | 110,340,738 | 170,131,798 | −59,791,060 | -0.5 | 68% |
| 2017 | 120,709,791 | 197,618,513 | −76,908,722 | -0.2 | 69% |
| 2018 | 185,640,961 | 313,987,269 | −128,346,308 | -0.4 | 71% |
| 2019 | 210,101,947 | 378,163,902 | −168,061,955 | 0.1 | 66% |
| 2020 | 206,214,211 | 454,908,487 | −248,694,276 | -0.9 | 66% |
| 2021 | 250,280,722 | 473,263,446 | −222,982,724 | -0.8 | 67% |
| 2022 | 233,011,515 | 425,597,979 | −192,586,464 | -0.9 | 66% |
| 2023 | 225,322,702 | 405,404,761 | −180,082,059 | -0.8 | 63% |
In its most recent public year (2023), this organization spent $180,082,059 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.8 months). 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 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
Tower Health Medical Group'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