Genesis Health Services Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,478,480 | 4,421,381 | −1,942,901 | 40.7 | 7% |
| 2012 | 4,116,428 | 2,172,405 | 1,944,023 | 93.0 | 19% |
| 2013 | 2,679,438 | 2,220,131 | 459,307 | 97.5 | 19% |
| 2014 | 3,813,902 | 2,965,300 | 848,602 | 82.7 | 12% |
| 2015 | 5,691,620 | 2,512,624 | 3,178,996 | 109.4 | 14% |
| 2016 | 2,899,444 | 2,224,005 | 675,439 | 120.1 | 16% |
| 2017 | 3,630,577 | 2,102,618 | 1,527,959 | 139.0 | 17% |
| 2018 | 3,529,674 | 2,498,844 | 1,030,830 | 124.2 | 14% |
| 2019 | 4,709,779 | 2,562,328 | 2,147,451 | 126.8 | 13% |
| 2020 | 4,654,049 | 3,201,238 | 1,452,811 | 105.9 | 11% |
| 2021 | 4,552,244 | 3,130,306 | 1,421,938 | 134.9 | 12% |
| 2022 | 4,061,950 | 2,493,790 | 1,568,160 | 146.1 | 15% |
| 2023 | 2,239,344 | 2,927,990 | −688,646 | 132.8 | 13% |
In its most recent public year (2023), this organization spent $688,646 more than it brought in. Its reserves stood at about 132.8 months of spending, up from 40.7 in 2011. Staff pay was 13% of spending. $31,631,502 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
Genesis Health Services Foundation'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