Providence Medical Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 16,273,026 | 14,952,553 | 1,320,473 | 9.3 | 45% |
| 2012 | 18,220,441 | 16,923,404 | 1,297,037 | 9.3 | 43% |
| 2013 | 18,278,278 | 17,392,134 | 886,144 | 10.1 | 43% |
| 2014 | 19,074,955 | 18,303,949 | 771,006 | 10.1 | 43% |
| 2015 | 19,836,617 | 18,184,028 | 1,652,589 | 10.7 | 44% |
| 2016 | 20,850,979 | 20,388,700 | 462,279 | 10.2 | 40% |
| 2017 | 21,710,365 | 20,778,347 | 932,018 | 11.9 | 41% |
| 2018 | 22,760,200 | 22,847,288 | −87,088 | 10.6 | 37% |
| 2019 | 25,007,645 | 24,085,316 | 922,329 | 10.8 | 38% |
| 2020 | 27,455,012 | 25,494,665 | 1,960,347 | 11.2 | 38% |
| 2021 | 34,578,990 | 26,825,547 | 7,753,443 | 14.2 | 38% |
| 2022 | 28,984,074 | 28,946,274 | 37,800 | 12.7 | 38% |
| 2023 | 31,561,807 | 30,615,351 | 946,456 | 12.7 | 36% |
In its most recent public year (2023), this organization brought in $946,456 more than it spent. Its reserves stood at about 12.7 months of spending, up from 9.3 in 2011. Staff pay was 36% of spending. $816,597 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
Providence Medical Center'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