Grace Medical Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 140,143,473 | 137,114,938 | 3,028,535 | -5.2 | 36% |
| 2012 | 138,792,340 | 138,281,385 | 510,955 | -7.4 | 35% |
| 2013 | 129,091,516 | 137,855,924 | −8,764,408 | -7.4 | 35% |
| 2014 | 130,581,766 | 127,625,390 | 2,956,376 | -7.7 | 37% |
| 2015 | 128,426,583 | 118,507,500 | 9,919,083 | -7.9 | 40% |
| 2016 | 120,658,280 | 121,687,754 | −1,029,474 | -8.6 | 36% |
| 2017 | 114,941,824 | 118,039,998 | −3,098,174 | -8.7 | 35% |
| 2018 | 114,097,721 | 114,895,346 | −797,625 | -8.3 | 37% |
| 2019 | 112,238,118 | 118,823,672 | −6,585,554 | -9.5 | 36% |
| 2020 | 65,432,810 | 82,259,563 | −16,826,753 | 2.2 | 45% |
| 2021 | 34,877,165 | 63,150,270 | −28,273,105 | 2.1 | 42% |
| 2022 | 23,241,096 | 34,088,407 | −10,847,311 | 5.8 | 44% |
| 2023 | 10,772,195 | 25,508,694 | −14,736,499 | -2.5 | 41% |
In its most recent public year (2023), this organization spent $14,736,499 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.5 months), up from -5.2 in 2011. Staff pay was 41% of spending. $499,904 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
Grace Medical Center Inc'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