Passavant Retirement & Health Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 27,295,970 | 24,682,749 | 2,613,221 | 14.6 | 42% |
| 2012 | 24,600,962 | 24,975,626 | −374,664 | 12.7 | 43% |
| 2013 | 25,182,320 | 24,891,070 | 291,250 | 13.9 | 43% |
| 2014 | 24,316,330 | 25,056,154 | −739,824 | 13.7 | 38% |
| 2015 | 24,045,418 | 26,285,729 | −2,240,311 | 11.9 | 38% |
| 2016 | 26,143,695 | 28,293,148 | −2,149,453 | 9.3 | 32% |
| 2017 | 27,887,366 | 28,879,646 | −992,280 | 9.8 | 29% |
| 2018 | 28,755,344 | 29,427,227 | −671,883 | 9.5 | 28% |
| 2019 | 28,608,474 | 29,536,527 | −928,053 | 8.3 | 33% |
| 2020 | 29,948,689 | 30,516,239 | −567,550 | 6.7 | 32% |
| 2021 | 30,078,199 | 31,789,411 | −1,711,212 | 7.7 | 31% |
| 2022 | 26,693,065 | 32,267,828 | −5,574,763 | 5.7 | 30% |
| 2023 | 31,648,612 | 34,049,783 | −2,401,171 | 5.4 | 31% |
In its most recent public year (2023), this organization spent $2,401,171 more than it brought in. Its reserves stood at about 5.4 months of spending, down from 14.6 in 2011. Staff pay was 31% of spending. $3,403,855 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
Passavant Retirement & Health Center'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