Schoolcraft Memorial Hospital
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 23,044,667 | 22,754,215 | 290,452 | 3.9 | 50% |
| 2012 | 23,236,051 | 24,465,699 | −1,229,648 | 3.1 | 47% |
| 2013 | 25,179,271 | 27,003,184 | −1,823,913 | 2.0 | 46% |
| 2014 | 27,558,313 | 28,014,325 | −456,012 | 1.7 | 46% |
| 2015 | 28,496,834 | 29,323,967 | −827,133 | -0.2 | 46% |
| 2016 | 30,388,507 | 30,870,432 | −481,925 | -0.4 | 44% |
| 2017 | 36,882,674 | 34,726,867 | 2,155,807 | 0.4 | 44% |
| 2018 | 40,376,021 | 39,431,697 | 944,324 | 0.7 | 46% |
| 2019 | 38,776,321 | 39,794,824 | −1,018,503 | 0.4 | 48% |
| 2020 | 43,906,748 | 42,966,011 | 940,737 | 0.7 | 44% |
| 2021 | 51,651,017 | 48,000,116 | 3,650,901 | 1.6 | 45% |
| 2022 | 49,687,136 | 50,499,954 | −812,818 | 1.3 | 44% |
| 2023 | 56,179,091 | 56,882,816 | −703,725 | 0.9 | 44% |
In its most recent public year (2023), this organization spent $703,725 more than it brought in. Its reserves stood at about 0.9 months of spending, down from 3.9 in 2011. Staff pay was 44% 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 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
Schoolcraft Memorial Hospital'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