Mclaren Health Care Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 320,948,493 | 310,285,074 | 10,663,419 | 2.1 | 22% |
| 2021 | 328,988,739 | 345,376,925 | −16,388,186 | 2.8 | 28% |
| 2022 | 353,152,162 | 349,261,989 | 3,890,173 | 3.5 | 34% |
| 2023 | 384,239,758 | 372,431,864 | 11,807,894 | -0.8 | 36% |
In its most recent public year (2023), this organization brought in $11,807,894 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-0.8 months), down from 2.1 in 2020. Staff pay was 36% of spending. $5,846,953 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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