Newton Healthcare Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 136,934,463 | 133,637,831 | 3,296,632 | 5.0 | 19% |
| 2012 | 66,856,331 | 61,173,041 | 5,683,290 | 12.1 | 42% |
| 2013 | 68,735,275 | 67,831,868 | 903,407 | 11.0 | 43% |
| 2014 | 73,262,740 | 70,261,795 | 3,000,945 | 11.3 | 45% |
| 2015 | 75,337,161 | 72,827,247 | 2,509,914 | 11.2 | 46% |
| 2016 | 79,503,191 | 77,684,366 | 1,818,825 | 10.6 | 46% |
| 2017 | 78,695,961 | 79,797,309 | −1,101,348 | 10.1 | 47% |
| 2018 | 85,545,040 | 84,978,352 | 566,688 | 9.6 | 45% |
| 2019 | 89,820,978 | 86,121,939 | 3,699,039 | 10.1 | 47% |
| 2020 | 87,369,347 | 83,425,588 | 3,943,759 | 11.1 | 50% |
| 2021 | 104,642,864 | 93,281,921 | 11,360,943 | 11.6 | 48% |
| 2022 | 104,186,915 | 101,435,913 | 2,751,002 | 10.2 | 48% |
| 2023 | 99,917,609 | 101,052,051 | −1,134,442 | 10.2 | 46% |
In its most recent public year (2023), this organization spent $1,134,442 more than it brought in. Its reserves stood at about 10.2 months of spending, up from 5 in 2011. Staff pay was 46% of spending. $120,338 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
Newton Healthcare Corporation'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