Mount Carmel Health System Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 9,730,495 | 4,394,503 | 5,335,992 | 311.0 | 26% |
| 2012 | 7,911,975 | 4,933,850 | 2,978,125 | 274.2 | 22% |
| 2013 | 15,681,450 | 5,695,279 | 9,986,171 | 256.7 | 21% |
| 2014 | 9,344,340 | 5,765,015 | 3,579,325 | 278.3 | 23% |
| 2015 | 11,479,838 | 7,091,856 | 4,387,982 | 223.1 | 17% |
| 2016 | 10,955,534 | 7,652,942 | 3,302,592 | 197.6 | 21% |
| 2017 | 5,350,188 | 7,651,569 | −2,301,381 | 217.7 | 24% |
| 2018 | 19,145,661 | 8,747,288 | 10,398,373 | 208.7 | 16% |
| 2019 | 10,982,903 | 16,161,764 | −5,178,861 | 111.4 | 9% |
| 2020 | 6,234,666 | 10,276,493 | −4,041,827 | 171.3 | 17% |
| 2021 | 14,161,833 | 9,036,376 | 5,125,457 | 235.3 | 14% |
| 2022 | 24,423,101 | 8,155,729 | 16,267,372 | 233.3 | 17% |
| 2023 | 11,046,024 | 8,689,288 | 2,356,736 | 225.4 | 15% |
In its most recent public year (2023), this organization brought in $2,356,736 more than it spent. Its reserves stood at about 225.4 months of spending, down from 311 in 2011. Staff pay was 15% of spending. $14,985,105 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works