Promedica Health System Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 180,551,978 | 166,658,439 | 13,893,539 | 117.5 | 40% |
| 2012 | 410,541,221 | 189,973,054 | 220,568,167 | 117.3 | 47% |
| 2013 | 525,216,605 | 219,871,266 | 305,345,339 | 121.4 | 46% |
| 2014 | 328,474,017 | 229,946,564 | 98,527,453 | 122.3 | 39% |
| 2015 | 273,072,650 | 238,583,064 | 34,489,586 | 123.1 | 39% |
| 2016 | 220,721,925 | 384,716,407 | −163,994,482 | 71.1 | 37% |
| 2017 | 481,236,134 | 342,855,120 | 138,381,014 | 86.4 | 38% |
| 2018 | 481,455,363 | 1,598,638,648 | −1,117,183,285 | 17.6 | 8% |
| 2019 | 428,415,348 | 346,524,937 | 81,890,411 | 84.0 | 40% |
| 2020 | 274,534,140 | 389,352,171 | −114,818,031 | 78.6 | 41% |
| 2021 | 187,074,606 | 383,150,680 | −196,076,074 | 76.3 | 41% |
| 2022 | 357,359,759 | 1,613,977,332 | −1,256,617,573 | 9.4 | 0% |
| 2023 | 327,862,575 | 433,307,277 | −105,444,702 | 14.6 | 30% |
In its most recent public year (2023), this organization spent $105,444,702 more than it brought in. Its reserves stood at about 14.6 months of spending, down from 117.5 in 2011. Staff pay was 30% of spending. $28,619,438 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
Promedica Health System Inc'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