Palmer Lutheran Health Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 22,549,660 | 22,868,146 | −318,486 | 4.9 | 37% |
| 2012 | 22,938,109 | 22,744,245 | 193,864 | 5.1 | 38% |
| 2013 | 22,078,648 | 22,754,097 | −675,449 | 4.5 | 39% |
| 2014 | 23,224,237 | 22,749,456 | 474,781 | 4.6 | 38% |
| 2015 | 20,743,617 | 21,533,552 | −789,935 | 3.4 | 37% |
| 2016 | 27,217,136 | 25,414,861 | 1,802,275 | 3.8 | 32% |
| 2017 | 28,364,720 | 29,620,544 | −1,255,824 | 2.7 | 31% |
| 2018 | 29,607,388 | 30,160,851 | −553,463 | 2.5 | 33% |
| 2019 | 31,112,324 | 29,858,175 | 1,254,149 | 3.0 | 32% |
| 2020 | 31,462,844 | 29,648,763 | 1,814,081 | 3.8 | 33% |
| 2021 | 42,846,256 | 33,626,914 | 9,219,342 | 6.7 | 47% |
| 2022 | 38,147,925 | 36,270,605 | 1,877,320 | 6.8 | 49% |
| 2023 | 30,624,838 | 30,302,502 | 322,336 | 8.3 | 49% |
In its most recent public year (2023), this organization brought in $322,336 more than it spent. Its reserves stood at about 8.3 months of spending, up from 4.9 in 2011. Staff pay was 49% of spending. $1,170,599 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
Palmer Lutheran Health Center Inc'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