Independence Health System Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 8,297,585 | 7,371,784 | 925,801 | 1.9 | 41% |
| 2012 | 8,429,829 | 7,519,227 | 910,602 | 3.4 | 42% |
| 2013 | 8,334,436 | 7,394,494 | 939,942 | 5.2 | 43% |
| 2014 | 9,092,478 | 7,539,493 | 1,552,985 | 7.7 | 43% |
| 2015 | 8,699,293 | 7,418,119 | 1,281,174 | 9.8 | 44% |
| 2016 | 9,242,448 | 7,768,150 | 1,474,298 | 11.8 | 43% |
| 2017 | 9,383,809 | 7,854,617 | 1,529,192 | 14.3 | 44% |
| 2018 | 9,948,688 | 7,993,603 | 1,955,085 | 16.6 | 45% |
| 2019 | 9,508,065 | 7,915,906 | 1,592,159 | 21.2 | 47% |
| 2020 | 9,892,921 | 7,930,627 | 1,962,294 | 25.7 | 53% |
| 2021 | 7,693,259 | 7,762,314 | −69,055 | 28.0 | 50% |
| 2022 | 8,678,890 | 9,033,558 | −354,668 | 20.9 | 42% |
| 2023 | 9,280,193 | 9,541,150 | −260,957 | 20.9 | 43% |
In its most recent public year (2023), this organization spent $260,957 more than it brought in. Its reserves stood at about 20.9 months of spending, up from 1.9 in 2011. Staff pay was 43% 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
Independence Health 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