Hennepin Healthcare System Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 635,586,326 | 600,982,253 | 34,604,073 | 6.2 | 44% |
| 2012 | 747,789,155 | 750,152,153 | −2,362,998 | 5.1 | 53% |
| 2013 | 789,202,230 | 813,450,832 | −24,248,602 | 4.4 | 53% |
| 2014 | 834,378,919 | 822,909,671 | 11,469,248 | 4.5 | 54% |
| 2015 | 916,849,567 | 888,214,629 | 28,634,938 | 0.8 | 52% |
| 2016 | 972,075,434 | 1,002,147,032 | −30,071,598 | 0.2 | 51% |
| 2017 | 1,011,205,846 | 1,031,093,347 | −19,887,501 | -0.0 | 51% |
| 2018 | 1,063,176,845 | 1,049,460,841 | 13,716,004 | 0.3 | 53% |
| 2019 | 1,114,694,494 | 1,130,712,653 | −16,018,159 | 0.1 | 52% |
| 2020 | 1,214,727,754 | 1,172,924,796 | 41,802,958 | 0.5 | 50% |
| 2021 | 1,359,047,890 | 1,313,741,792 | 45,306,098 | 0.9 | 49% |
| 2022 | 1,429,182,475 | 1,457,616,429 | −28,433,954 | 0.5 | 46% |
| 2023 | 1,554,670,883 | 1,609,599,129 | −54,928,246 | 0.1 | 45% |
In its most recent public year (2023), this organization spent $54,928,246 more than it brought in. Its reserves stood at about 0.1 months of spending, down from 6.2 in 2011. Staff pay was 45% 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 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
Hennepin Healthcare System 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