Mount Carmel Health System
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 201,073,514 | 187,653,563 | 13,419,951 | 21.0 | 30% |
| 2012 | 204,653,044 | 213,392,317 | −8,739,273 | 19.3 | 31% |
| 2013 | 1,195,830,512 | 1,106,409,831 | 89,420,681 | 10.1 | 34% |
| 2014 | 1,223,639,543 | 1,129,260,202 | 94,379,341 | 12.6 | 34% |
| 2015 | 1,267,343,564 | 1,136,047,583 | 131,295,981 | 12.7 | 36% |
| 2016 | 1,293,273,481 | 1,211,853,001 | 81,420,480 | 12.2 | 36% |
| 2017 | 1,353,270,720 | 1,235,919,800 | 117,350,920 | 13.4 | 36% |
| 2018 | 1,399,364,405 | 1,241,976,468 | 157,387,937 | 13.9 | 36% |
| 2019 | 1,348,230,405 | 1,297,649,746 | 50,580,659 | 14.2 | 36% |
| 2020 | 1,345,000,787 | 1,343,573,801 | 1,426,986 | 14.0 | 35% |
| 2021 | 1,427,634,955 | 1,368,516,584 | 59,118,371 | 13.1 | 32% |
| 2022 | 1,389,720,563 | 1,425,342,524 | −35,621,961 | 12.1 | 33% |
| 2023 | 1,377,107,480 | 1,412,329,535 | −35,222,055 | 12.3 | 32% |
In its most recent public year (2023), this organization spent $35,222,055 more than it brought in. Its reserves stood at about 12.3 months of spending, down from 21 in 2011. Staff pay was 32% of spending. $314,651 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
Mount Carmel Health System'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