Lake Erie College Of Osteopathic Medicine Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 84,302,510 | 48,076,782 | 36,225,728 | 54.9 | 42% |
| 2012 | 92,715,205 | 53,062,783 | 39,652,422 | 57.0 | 40% |
| 2013 | 107,051,822 | 59,069,094 | 47,982,728 | 59.7 | 40% |
| 2014 | 119,841,631 | 64,436,744 | 55,404,887 | 64.7 | 40% |
| 2015 | 131,788,348 | 73,571,522 | 58,216,826 | 51.8 | 39% |
| 2016 | 139,996,369 | 81,638,039 | 58,358,330 | 50.1 | 39% |
| 2017 | 153,327,009 | 88,686,492 | 64,640,517 | 54.2 | 38% |
| 2018 | 167,821,490 | 93,161,864 | 74,659,626 | 59.1 | 38% |
| 2019 | 170,668,440 | 97,667,196 | 73,001,244 | 63.4 | 36% |
| 2020 | 162,737,666 | 97,001,874 | 65,735,792 | 68.4 | 37% |
| 2021 | 202,994,752 | 105,154,051 | 97,840,701 | 80.7 | 33% |
| 2022 | 201,771,210 | 105,952,678 | 95,818,532 | 85.2 | 35% |
| 2023 | 201,532,502 | 121,233,796 | 80,298,706 | 83.5 | 33% |
In its most recent public year (2023), this organization brought in $80,298,706 more than it spent. Its reserves stood at about 83.5 months of spending, up from 54.9 in 2011. Staff pay was 33% of spending. $4,326,758 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
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