Alabama Providence Healthcare Services
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 12,891,952 | 14,849,333 | −1,957,381 | -1.6 | 0% |
| 2015 | 28,977,665 | 32,452,754 | −3,475,089 | -2.8 | 50% |
| 2016 | 30,936,128 | 37,581,906 | −6,645,778 | -5.2 | 48% |
| 2017 | 47,793,259 | 60,367,770 | −12,574,511 | -0.6 | 60% |
| 2018 | 37,263,145 | 51,861,368 | −14,598,223 | 0.4 | 62% |
| 2019 | 33,642,729 | 54,292,657 | −20,649,928 | -0.2 | 64% |
| 2020 | 32,937,947 | 51,185,936 | −18,247,989 | -0.2 | 62% |
| 2021 | 33,177,385 | 49,010,791 | −15,833,406 | 1.0 | 60% |
| 2022 | 38,265,966 | 56,398,752 | −18,132,786 | -0.4 | 2% |
| 2023 | 46,106,972 | 63,646,325 | −17,539,353 | -0.3 | 58% |
In its most recent public year (2023), this organization spent $17,539,353 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.3 months), up from -1.6 in 2014. Staff pay was 58% 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
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