Mclaren Northern Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 287,621,661 | 254,532,300 | 33,089,361 | 7.1 | 33% |
| 2021 | 293,510,910 | 241,583,371 | 51,927,539 | 8.1 | 35% |
| 2022 | 282,510,136 | 251,881,268 | 30,628,868 | 8.0 | 35% |
| 2023 | 271,607,269 | 248,825,832 | 22,781,437 | 8.6 | 34% |
In its most recent public year (2023), this organization brought in $22,781,437 more than it spent. Its reserves stood at about 8.6 months of spending, up from 7.1 in 2020. Staff pay was 34% 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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