Grand Itasca Clinic And Hospital
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 35,687,721 | 34,399,115 | 1,288,606 | 12.7 | 50% |
| 2011 | 76,061,205 | 74,482,136 | 1,579,069 | 6.3 | 48% |
| 2012 | 72,063,529 | 74,485,176 | −2,421,647 | 5.9 | 51% |
| 2013 | 78,719,343 | 78,599,129 | 120,214 | 6.0 | 50% |
| 2014 | 74,959,956 | 79,784,795 | −4,824,839 | 4.9 | 50% |
| 2015 | 76,043,471 | 84,665,206 | −8,621,735 | 4.2 | 49% |
| 2016 | 85,769,887 | 87,137,382 | −1,367,495 | 4.0 | 48% |
| 2017 | 221,229,878 | 83,066,799 | 138,163,079 | 3.8 | 54% |
| 2018 | 90,909,519 | 88,749,470 | 2,160,049 | 4.3 | 54% |
| 2019 | 97,048,489 | 94,210,341 | 2,838,148 | 4.6 | 51% |
| 2020 | 103,118,780 | 96,805,702 | 6,313,078 | 5.3 | 52% |
| 2021 | 122,916,480 | 107,740,453 | 15,176,027 | 6.4 | 51% |
| 2022 | 116,492,227 | 108,085,446 | 8,406,781 | 8.2 | 51% |
| 2023 | 122,233,895 | 117,575,949 | 4,657,946 | 7.2 | 51% |
In its most recent public year (2023), this organization brought in $4,657,946 more than it spent. Its reserves stood at about 7.2 months of spending, down from 12.7 in 2010. Staff pay was 51% of spending. $3,328,941 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
Grand Itasca Clinic And Hospital'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