Rwj Barnabas Health Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 5,123,788,610 | 4,975,110,836 | 148,677,774 | 8.3 | 35% |
| 2020 | 5,332,417,137 | 5,219,791,212 | 112,625,925 | 8.3 | 35% |
| 2021 | 5,809,995,362 | 5,769,682,528 | 40,312,834 | 7.8 | 34% |
| 2022 | 6,409,055,077 | 6,614,337,454 | −205,282,377 | 7.2 | 35% |
| 2023 | 7,072,464,110 | 7,170,718,931 | −98,254,821 | 7.1 | 35% |
In its most recent public year (2023), this organization spent $98,254,821 more than it brought in. Its reserves stood at about 7.1 months of spending, down from 8.3 in 2019. Staff pay was 35% of spending. $225,700,759 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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