Advocate Sherman Hospital
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 456,011,679 | 561,246,902 | −105,235,223 | 3.0 | 19% |
| 2021 | 493,711,689 | 459,672,957 | 34,038,732 | 4.5 | 20% |
| 2022 | 493,358,268 | 499,817,550 | −6,459,282 | 4.0 | 20% |
| 2023 | 526,065,295 | 496,404,871 | 29,660,424 | 4.8 | 20% |
In its most recent public year (2023), this organization brought in $29,660,424 more than it spent. Its reserves stood at about 4.8 months of spending, up from 3 in 2020. Staff pay was 20% of spending. $121,205 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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