Providence Medical Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 370,864,001 | 397,602,999 | −26,738,998 | 0.5 | 14% |
| 2012 | 402,696,216 | 433,497,778 | −30,801,562 | 0.5 | 16% |
| 2013 | 480,726,545 | 534,483,052 | −53,756,507 | 3.5 | 15% |
| 2014 | 551,463,323 | 661,402,788 | −109,939,465 | 2.7 | 15% |
| 2015 | 886,861,853 | 1,039,967,486 | −153,105,633 | 1.8 | 13% |
| 2016 | 683,631,363 | 854,906,693 | −171,275,330 | 2.3 | 16% |
| 2017 | 393,947,782 | 510,299,425 | −116,351,643 | 2.8 | 15% |
| 2018 | 830,892,926 | 1,062,881,741 | −231,988,815 | 1.2 | 16% |
| 2019 | 1,090,053,519 | 1,089,930,595 | 122,924 | 0.8 | 16% |
| 2020 | 1,055,302,764 | 1,120,103,382 | −64,800,618 | 1.1 | 16% |
| 2021 | 1,090,870,981 | 1,158,898,561 | −68,027,580 | 0.7 | 18% |
| 2022 | 1,240,305,430 | 1,239,857,449 | 447,981 | 0.5 | 21% |
| 2023 | 1,350,626,790 | 1,354,425,956 | −3,799,166 | 0.5 | 24% |
In its most recent public year (2023), this organization spent $3,799,166 more than it brought in. Its reserves stood at about 0.5 months of spending. Staff pay was 24% of spending. $1,141,141 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
Providence Medical Foundation'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