Wellmont Health System
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 673,344,725 | 642,643,499 | 30,701,226 | 6.8 | 30% |
| 2012 | 736,237,834 | 675,290,008 | 60,947,826 | 6.9 | 31% |
| 2013 | 709,350,391 | 665,223,181 | 44,127,210 | 8.1 | 31% |
| 2014 | 675,472,034 | 653,391,732 | 22,080,302 | 9.3 | 32% |
| 2015 | 694,174,240 | 642,747,399 | 51,426,841 | 9.1 | 33% |
| 2016 | 696,722,122 | 647,644,119 | 49,078,003 | 8.8 | 34% |
| 2017 | 759,556,763 | 671,723,027 | 87,833,736 | 9.8 | 35% |
| 2018 | 714,777,117 | 711,427,553 | 3,349,564 | 9.1 | 35% |
| 2019 | 713,563,018 | 649,188,184 | 64,374,834 | 1.1 | 31% |
| 2020 | 662,198,822 | 627,121,314 | 35,077,508 | 3.7 | 31% |
| 2021 | 807,505,610 | 715,518,651 | 91,986,959 | 3.2 | 29% |
| 2022 | 845,523,767 | 797,824,334 | 47,699,433 | 3.5 | 29% |
| 2023 | 840,443,933 | 813,767,456 | 26,676,477 | 4.1 | 29% |
In its most recent public year (2023), this organization brought in $26,676,477 more than it spent. Its reserves stood at about 4.1 months of spending, down from 6.8 in 2011. Staff pay was 29% of spending. $44,146 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
Wellmont Health System'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