Spectrum Health Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,568,849 | 4,555,198 | 13,651 | 7.8 | 62% |
| 2012 | 5,043,721 | 5,004,306 | 39,415 | 7.2 | 67% |
| 2013 | 5,818,960 | 5,804,722 | 14,238 | 6.4 | 68% |
| 2014 | 6,538,213 | 6,407,599 | 130,614 | 6.1 | 66% |
| 2015 | 7,930,507 | 7,749,167 | 181,340 | 5.1 | 62% |
| 2016 | 6,949,189 | 6,838,854 | 110,335 | 6.2 | 67% |
| 2017 | 119,936 | 628,257 | −508,321 | 64.4 | 0% |
| 2018 | 125,832 | 152,556 | −26,724 | 246.7 | 0% |
| 2019 | 97,536 | 148,853 | −51,317 | 291.3 | 0% |
| 2020 | 80,940 | 144,839 | −63,899 | 324.5 | 0% |
In its most recent public year (2020), this organization spent $63,899 more than it brought in. Its reserves stood at about 324.5 months of spending, up from 7.8 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 2020. 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works