Providence Medical Center Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 46,499 | 54,042 | −7,543 | 136.2 | 2% |
| 2012 | 62,491 | 61,380 | 1,111 | 120.2 | 1% |
| 2013 | 125,305 | 37,033 | 88,272 | 227.7 | 2% |
| 2014 | 142,945 | 36,378 | 106,567 | 267.0 | 2% |
| 2015 | 65,332 | 165,305 | −99,973 | 51.5 | 0% |
| 2016 | 102,517 | 191,774 | −89,257 | 38.8 | 0% |
| 2017 | 877,711 | 65,573 | 812,138 | 262.1 | 1% |
| 2018 | 503,292 | 1,224,443 | −721,151 | 7.0 | 0% |
| 2019 | 545,051 | 230,870 | 314,181 | 53.3 | 0% |
| 2020 | 208,570 | 499,804 | −291,234 | 17.6 | 0% |
| 2021 | 267,667 | 318,835 | −51,168 | 25.7 | 0% |
| 2022 | 203,997 | 181,429 | 22,568 | 46.7 | 0% |
| 2023 | 204,512 | 163,318 | 41,194 | 54.9 | 0% |
In its most recent public year (2023), this organization brought in $41,194 more than it spent. Its reserves stood at about 54.9 months of spending, down from 136.2 in 2011. Staff pay was 0% 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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