Homestead Hospital Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 322,114,347 | 340,005,949 | −17,891,602 | -8.8 | 20% |
| 2012 | 322,505,967 | 340,584,187 | −18,078,220 | -9.4 | 21% |
| 2013 | 329,011,485 | 356,076,912 | −27,065,427 | -9.8 | 19% |
| 2014 | 348,846,474 | 383,543,311 | −34,696,837 | -10.2 | 19% |
| 2015 | 334,542,352 | 370,475,826 | −35,933,474 | -11.7 | 20% |
| 2016 | 356,361,591 | 394,315,849 | −37,954,258 | -12.2 | 19% |
| 2017 | 405,771,826 | 429,813,840 | −24,042,014 | -11.8 | 18% |
| 2018 | 417,782,248 | 461,243,610 | −43,461,362 | -12.2 | 17% |
| 2019 | 398,708,599 | 433,225,705 | −34,517,106 | -13.9 | 19% |
| 2020 | 409,266,841 | 423,346,341 | −14,079,500 | -14.6 | 22% |
| 2021 | 445,999,422 | 435,900,958 | 10,098,464 | -13.9 | 23% |
| 2022 | 425,552,270 | 451,662,922 | −26,110,652 | -14.1 | 23% |
| 2023 | 458,543,202 | 500,914,192 | −42,370,990 | -13.7 | 22% |
In its most recent public year (2023), this organization spent $42,370,990 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-13.7 months), down from -8.8 in 2011. Staff pay was 22% of spending. $7,313,117 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
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