Grossmont Hospital Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 554,701,332 | 522,633,699 | 32,067,633 | 7.5 | 40% |
| 2012 | 613,500,407 | 554,277,895 | 59,222,512 | 8.7 | 40% |
| 2013 | 673,820,336 | 580,482,222 | 93,338,114 | 10.6 | 40% |
| 2014 | 670,242,615 | 582,092,583 | 88,150,032 | 12.5 | 42% |
| 2015 | 775,509,963 | 670,557,960 | 104,952,003 | 12.4 | 37% |
| 2016 | 737,998,919 | 672,254,594 | 65,744,325 | 13.8 | 40% |
| 2017 | 738,967,844 | 670,956,882 | 68,010,962 | 14.9 | 41% |
| 2018 | 783,291,164 | 743,708,747 | 39,582,417 | 14.4 | 39% |
| 2019 | 778,969,036 | 757,776,037 | 21,192,999 | 15.7 | 41% |
| 2020 | 859,537,675 | 820,615,588 | 38,922,087 | 15.3 | 40% |
| 2021 | 963,761,157 | 880,097,948 | 83,663,209 | 16.2 | 40% |
| 2022 | 959,591,377 | 916,777,365 | 42,814,012 | 14.6 | 39% |
| 2023 | 1,008,934,197 | 961,958,701 | 46,975,496 | 14.9 | 41% |
In its most recent public year (2023), this organization brought in $46,975,496 more than it spent. Its reserves stood at about 14.9 months of spending, up from 7.5 in 2011. Staff pay was 41% of spending. $27,203,967 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
Grossmont Hospital Corporation'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