Lakewood Health System
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 85,646,577 | 82,749,501 | 2,897,076 | 4.1 | 40% |
| 2012 | 92,230,758 | 88,649,369 | 3,581,389 | 4.3 | 41% |
| 2013 | 95,621,469 | 93,864,236 | 1,757,233 | 4.3 | 40% |
| 2014 | 102,736,516 | 92,195,238 | 10,541,278 | 5.8 | 37% |
| 2015 | 96,216,531 | 92,731,154 | 3,485,377 | 6.2 | 40% |
| 2016 | 99,376,767 | 98,139,865 | 1,236,902 | 6.0 | 41% |
| 2017 | 117,712,552 | 103,862,818 | 13,849,734 | 7.2 | 39% |
| 2018 | 106,695,322 | 103,320,891 | 3,374,431 | 7.6 | 41% |
| 2019 | 109,713,952 | 106,207,463 | 3,506,489 | 7.9 | 40% |
| 2020 | 115,022,151 | 107,160,064 | 7,862,087 | 8.9 | 38% |
| 2021 | 128,117,710 | 121,003,565 | 7,114,145 | 9.0 | 37% |
| 2022 | 136,356,446 | 125,652,437 | 10,704,009 | 9.3 | 37% |
| 2023 | 148,043,887 | 144,660,160 | 3,383,727 | 8.7 | 35% |
In its most recent public year (2023), this organization brought in $3,383,727 more than it spent. Its reserves stood at about 8.7 months of spending, up from 4.1 in 2011. Staff pay was 35% of spending. $1,566,609 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
Lakewood Health System's IRS filings as a feed — one entry per filing year, through 2023. 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