Covered Bridge Healthcare Of St Joseph County Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 605,624 | 586,666 | 18,958 | 0.4 | 46% |
| 2017 | 1,298,456 | 1,217,376 | 81,080 | 1.0 | 57% |
| 2018 | 1,951,708 | 1,702,644 | 249,064 | 2.5 | 49% |
| 2019 | 2,731,292 | 2,363,815 | 367,477 | 3.6 | 44% |
| 2020 | 3,815,446 | 3,172,677 | 642,769 | 5.1 | 45% |
| 2021 | 6,326,677 | 5,064,942 | 1,261,735 | 6.2 | 42% |
| 2022 | 4,929,382 | 4,601,828 | 327,554 | 7.7 | 46% |
| 2023 | 4,439,376 | 4,174,618 | 264,758 | 9.4 | 43% |
In its most recent public year (2023), this organization brought in $264,758 more than it spent. Its reserves stood at about 9.4 months of spending, up from 0.4 in 2016. 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
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