Hendrick Medical Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 322,256,751 | 276,816,410 | 45,440,341 | 12.2 | 35% |
| 2012 | 332,596,798 | 297,669,137 | 34,927,661 | 12.5 | 34% |
| 2013 | 353,555,418 | 308,775,939 | 44,779,479 | 13.4 | 33% |
| 2014 | 394,214,863 | 338,280,959 | 55,933,904 | 14.7 | 31% |
| 2015 | 403,676,817 | 352,331,132 | 51,345,685 | 14.6 | 30% |
| 2016 | 451,355,409 | 396,622,152 | 54,733,257 | 14.3 | 29% |
| 2017 | 498,942,579 | 427,183,160 | 71,759,419 | 14.3 | 30% |
| 2018 | 482,823,599 | 429,642,578 | 53,181,021 | 15.5 | 33% |
| 2019 | 453,538,608 | 386,339,354 | 67,199,254 | 17.7 | 39% |
| 2020 | 519,719,787 | 431,846,440 | 87,873,347 | 17.2 | 36% |
| 2021 | 681,979,951 | 572,020,098 | 109,959,853 | 17.4 | 34% |
| 2022 | 782,292,728 | 667,661,350 | 114,631,378 | 15.5 | 35% |
| 2023 | 810,096,639 | 698,866,181 | 111,230,458 | 17.2 | 38% |
In its most recent public year (2023), this organization brought in $111,230,458 more than it spent. Its reserves stood at about 17.2 months of spending, up from 12.2 in 2011. Staff pay was 38% of spending. $19,917,148 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
Hendrick Medical Center'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