Freeman Health System
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 408,995,110 | 406,532,556 | 2,462,554 | 4.3 | 44% |
| 2012 | 472,537,181 | 452,314,493 | 20,222,688 | 4.4 | 43% |
| 2013 | 496,585,481 | 493,401,427 | 3,184,054 | 4.2 | 41% |
| 2014 | 481,793,290 | 478,678,703 | 3,114,587 | 4.7 | 43% |
| 2015 | 515,255,194 | 494,756,881 | 20,498,313 | 5.0 | 42% |
| 2016 | 531,523,621 | 499,437,285 | 32,086,336 | 5.5 | 43% |
| 2017 | 546,112,416 | 524,097,677 | 22,014,739 | 6.0 | 42% |
| 2018 | 563,515,526 | 531,248,867 | 32,266,659 | 6.8 | 43% |
| 2019 | 553,530,385 | 513,690,534 | 39,839,851 | 8.0 | 46% |
| 2020 | 572,145,425 | 536,611,846 | 35,533,579 | 8.0 | 46% |
| 2021 | 596,274,596 | 557,918,461 | 38,356,135 | 10.2 | 45% |
| 2022 | 643,470,482 | 601,261,756 | 42,208,726 | 10.3 | 46% |
| 2023 | 654,512,246 | 628,958,111 | 25,554,135 | 9.8 | 47% |
In its most recent public year (2023), this organization brought in $25,554,135 more than it spent. Its reserves stood at about 9.8 months of spending, up from 4.3 in 2011. Staff pay was 47% of spending. $3,601,461 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
Freeman Health System'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