Ascension Borgess Allegan Hospital
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 42,491,292 | 42,725,125 | −233,833 | 2.9 | 38% |
| 2012 | 45,524,171 | 46,224,738 | −700,567 | 2.5 | 38% |
| 2013 | 48,233,932 | 48,267,190 | −33,258 | 2.5 | 38% |
| 2014 | 47,573,412 | 46,575,719 | 997,693 | 2.4 | 39% |
| 2015 | 43,847,437 | 45,183,260 | −1,335,823 | 1.5 | 38% |
| 2016 | 44,373,983 | 44,497,115 | −123,132 | 1.0 | 34% |
| 2017 | 43,307,514 | 46,440,971 | −3,133,457 | -1.0 | 32% |
| 2018 | 49,114,015 | 50,214,369 | −1,100,354 | -1.6 | 37% |
| 2019 | 42,647,769 | 47,196,529 | −4,548,760 | 7.3 | 38% |
| 2020 | 20,065,062 | 20,629,680 | −564,618 | -6.8 | 47% |
| 2021 | 39,637,859 | 47,236,616 | −7,598,757 | -2.1 | 32% |
| 2022 | 42,719,910 | 43,553,250 | −833,340 | -2.7 | 31% |
| 2023 | 42,705,200 | 40,152,856 | 2,552,344 | -1.3 | 33% |
In its most recent public year (2023), this organization brought in $2,552,344 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-1.3 months), down from 2.9 in 2011. Staff pay was 33% 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
Ascension Borgess Allegan Hospital'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