Hendrick Medical Center Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,844,923 | 883,564 | 2,961,359 | 364.8 | 34% |
| 2012 | 1,910,483 | 902,931 | 1,007,552 | 388.9 | 36% |
| 2013 | 5,051,939 | 1,967,831 | 3,084,108 | 195.0 | 14% |
| 2014 | 2,735,873 | 1,924,983 | 810,890 | 227.4 | 17% |
| 2015 | 10,066,252 | 1,231,501 | 8,834,751 | 393.0 | 26% |
| 2016 | 3,490,821 | 898,057 | 2,592,764 | 564.1 | 34% |
| 2017 | 8,765,370 | 3,399,495 | 5,365,875 | 185.5 | 10% |
| 2018 | 3,698,698 | 1,595,738 | 2,102,960 | 408.9 | 22% |
| 2019 | 3,445,214 | 3,061,937 | 383,277 | 218.3 | 10% |
| 2020 | 2,996,139 | 2,480,366 | 515,773 | 275.4 | 17% |
| 2021 | 5,823,219 | 1,979,297 | 3,843,922 | 381.6 | 23% |
| 2022 | 3,085,565 | 2,082,353 | 1,003,212 | 370.1 | 23% |
| 2023 | 5,381,813 | 1,991,991 | 3,389,822 | 458.6 | 21% |
In its most recent public year (2023), this organization brought in $3,389,822 more than it spent. Its reserves stood at about 458.6 months of spending, up from 364.8 in 2011. Staff pay was 21% of spending. $10,379,190 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
Hendrick Medical Center Foundation'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