Mymichigan Medical Center Clare
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 46,679,480 | 46,906,049 | −226,569 | 6.7 | 32% |
| 2012 | 47,836,223 | 50,127,205 | −2,290,982 | 5.6 | 30% |
| 2013 | 45,163,256 | 43,691,610 | 1,471,646 | 7.0 | 32% |
| 2014 | 44,424,297 | 43,589,532 | 834,765 | 7.4 | 33% |
| 2015 | 45,536,470 | 43,747,519 | 1,788,951 | 7.7 | 32% |
| 2016 | 52,339,023 | 47,242,595 | 5,096,428 | 8.3 | 32% |
| 2017 | 51,929,573 | 49,125,138 | 2,804,435 | 8.4 | 30% |
| 2018 | 53,542,077 | 50,711,630 | 2,830,447 | 7.9 | 30% |
| 2019 | 57,378,512 | 52,391,975 | 4,986,537 | 8.1 | 28% |
| 2020 | 57,370,012 | 53,466,552 | 3,903,460 | 8.6 | 31% |
| 2021 | 61,209,023 | 58,275,745 | 2,933,278 | 9.6 | 31% |
| 2022 | 75,977,943 | 60,467,235 | 15,510,708 | 9.5 | 31% |
| 2023 | 75,615,950 | 70,611,905 | 5,004,045 | 9.3 | 32% |
In its most recent public year (2023), this organization brought in $5,004,045 more than it spent. Its reserves stood at about 9.3 months of spending, up from 6.7 in 2011. Staff pay was 32% 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
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