Toledo Clinic Inc Employee Welfare Benefit Tr
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,138,935 | 4,853,210 | 285,725 | 0.7 | 0% |
| 2012 | 5,670,499 | 5,159,814 | 510,685 | 1.9 | 0% |
| 2013 | 6,552,889 | 5,402,134 | 1,150,755 | 4.4 | 0% |
| 2014 | 6,361,473 | 6,306,804 | 54,669 | 3.8 | 0% |
| 2015 | 6,721,986 | 7,526,608 | −804,622 | 1.9 | 0% |
| 2016 | 8,575,130 | 8,759,506 | −184,376 | 1.4 | 0% |
| 2017 | 8,952,575 | 8,874,279 | 78,296 | 1.5 | 0% |
| 2018 | 11,115,616 | 9,778,712 | 1,336,904 | 3.0 | 0% |
| 2019 | 12,156,575 | 9,856,412 | 2,300,163 | 5.8 | 0% |
| 2020 | 11,237,422 | 10,489,041 | 748,381 | 6.3 | 0% |
| 2021 | 11,298,995 | 9,510,558 | 1,788,437 | 9.2 | 0% |
| 2022 | 10,252,233 | 9,290,014 | 962,219 | 10.6 | 0% |
| 2023 | 8,539,519 | 9,954,810 | −1,415,291 | 8.2 | 0% |
In its most recent public year (2023), this organization spent $1,415,291 more than it brought in. Its reserves stood at about 8.2 months of spending, up from 0.7 in 2011. Staff pay was 0% 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
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