South Bend Medical Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 97,701,029 | 95,352,521 | 2,348,508 | 1.0 | 37% |
| 2012 | 99,986,984 | 98,493,743 | 1,493,241 | 0.6 | 36% |
| 2013 | 101,209,242 | 100,422,890 | 786,352 | 2.0 | 35% |
| 2014 | 95,860,593 | 96,934,600 | −1,074,007 | 1.0 | 35% |
| 2015 | 91,829,378 | 91,927,675 | −98,297 | 0.5 | 36% |
| 2016 | 87,879,560 | 87,907,743 | −28,183 | 0.4 | 35% |
| 2017 | 85,487,349 | 82,302,512 | 3,184,837 | 0.5 | 33% |
| 2018 | 75,806,676 | 77,440,581 | −1,633,905 | 0.1 | 35% |
| 2019 | 129,308,739 | 65,077,311 | 64,231,428 | 11.0 | 36% |
| 2020 | 18,253,936 | 28,820,131 | −10,566,195 | 21.1 | 40% |
| 2021 | 21,231,180 | 25,971,465 | −4,740,285 | 21.8 | 41% |
| 2022 | 15,932,447 | 22,522,024 | −6,589,577 | 19.5 | 41% |
| 2023 | 18,443,942 | 23,091,365 | −4,647,423 | 18.3 | 43% |
In its most recent public year (2023), this organization spent $4,647,423 more than it brought in. Its reserves stood at about 18.3 months of spending, up from 1 in 2011. Staff pay was 43% of spending.
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
South Bend Medical Foundation 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