Genesis Health System
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 92,940,467 | 86,659,949 | 6,280,518 | 7.9 | 33% |
| 2012 | 92,603,204 | 88,224,467 | 4,378,737 | 8.3 | 33% |
| 2013 | 86,945,655 | 82,582,671 | 4,362,984 | 9.5 | 34% |
| 2014 | 82,411,344 | 82,739,651 | −328,307 | 9.4 | 34% |
| 2015 | 88,359,638 | 82,863,898 | 5,495,740 | 10.2 | 33% |
| 2016 | 91,216,566 | 85,661,883 | 5,554,683 | 10.6 | 32% |
| 2017 | 96,551,730 | 90,412,342 | 6,139,388 | 10.9 | 33% |
| 2018 | 95,998,120 | 87,870,980 | 8,127,140 | 12.3 | 33% |
| 2019 | 97,442,452 | 91,963,132 | 5,479,320 | 12.5 | 32% |
| 2020 | 93,824,215 | 104,058,994 | −10,234,779 | 11.3 | 44% |
| 2021 | 142,547,294 | 142,346,214 | 201,080 | 8.4 | 53% |
| 2022 | 153,468,218 | 158,605,565 | −5,137,347 | 7.1 | 53% |
| 2023 | 149,676,915 | 162,920,403 | −13,243,488 | 4.2 | 51% |
In its most recent public year (2023), this organization spent $13,243,488 more than it brought in. Its reserves stood at about 4.2 months of spending, down from 7.9 in 2011. Staff pay was 51% of spending. $271,570 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
Genesis Health System'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