Sparrow Clinical Research Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 283,478 | 268,858 | 14,620 | 23.0 | 57% |
| 2013 | 825,222 | 710,670 | 114,552 | 10.9 | 53% |
| 2014 | 800,323 | 725,382 | 74,941 | 12.0 | 52% |
| 2015 | 856,634 | 714,409 | 142,225 | 14.1 | 61% |
| 2016 | 873,914 | 833,139 | 40,775 | 12.9 | 56% |
| 2017 | 1,216,848 | 1,596,614 | −379,766 | 4.1 | 69% |
| 2018 | 1,086,115 | 1,546,190 | −460,075 | 0.1 | 70% |
| 2019 | 817,749 | 1,116,554 | −298,805 | -2.4 | 53% |
| 2020 | 671,112 | 892,515 | −221,403 | -5.6 | 64% |
| 2021 | 736,006 | 964,830 | −228,824 | -7.9 | 61% |
| 2022 | 800,274 | 836,764 | −36,490 | -11.8 | 66% |
In its most recent public year (2022), this organization spent $36,490 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-11.8 months), down from 23 in 2012. Staff pay was 66% 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 2022. 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
Sparrow Clinical Research Institute's IRS filings as a feed — one entry per filing year, through 2022. 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