Toledo Hospital
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 711,321,384 | 707,223,943 | 4,097,441 | 10.7 | 34% |
| 2012 | 738,530,306 | 743,743,516 | −5,213,210 | 10.8 | 34% |
| 2013 | 780,428,062 | 778,547,746 | 1,880,316 | 11.4 | 36% |
| 2014 | 828,109,614 | 785,578,754 | 42,530,860 | 11.6 | 33% |
| 2015 | 810,369,870 | 852,583,172 | −42,213,302 | 9.8 | 32% |
| 2016 | 877,277,536 | 966,859,566 | −89,582,030 | 5.5 | 30% |
| 2017 | 854,436,077 | 970,267,450 | −115,831,373 | 4.1 | 29% |
| 2018 | 977,242,260 | 888,334,813 | 88,907,447 | -7.9 | 33% |
| 2019 | 1,142,430,478 | 1,084,436,344 | 57,994,134 | -6.9 | 33% |
| 2020 | 1,152,627,936 | 1,147,276,947 | 5,350,989 | -0.4 | 34% |
| 2021 | 1,373,600,902 | 1,209,964,406 | 163,636,496 | -1.7 | 37% |
| 2022 | 1,475,777,502 | 1,427,482,467 | 48,295,035 | -6.6 | 27% |
| 2023 | 1,586,047,106 | 1,465,299,773 | 120,747,333 | -4.2 | 28% |
In its most recent public year (2023), this organization brought in $120,747,333 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-4.2 months), down from 10.7 in 2011. Staff pay was 28% of spending. $311,865,957 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
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