everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Canterbury Health Care Inc

Waterford, MI / EIN 38-2971898 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201119,632,14518,106,1951,525,950-0.336%
201217,797,81318,604,683−806,870-0.837%
201319,029,22318,403,441625,782-0.336%
201421,114,69320,300,271814,4220.333%
201520,536,70919,875,531661,1780.736%
201619,951,05719,689,754261,3030.937%
201720,561,19919,638,616922,5831.538%
201820,046,34020,642,595−596,2551.138%
201921,121,72723,359,014−2,237,2870.036%
202021,191,09023,497,776−2,306,686-1.036%
202118,297,93122,725,936−4,428,005-3.037%
202224,535,13024,567,416−32,286-3.639%
202321,376,62225,861,560−4,484,938-5.542%

In its most recent public year (2023), this organization spent $4,484,938 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-5.5 months), down from -0.3 in 2011. Staff pay was 42% of spending. $336,296 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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