Cobre Valley Regional Medical Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 39,761,268 | 36,117,802 | 3,643,466 | 9.1 | 45% |
| 2012 | 37,521,241 | 35,494,859 | 2,026,382 | 10.1 | 44% |
| 2013 | 37,560,530 | 36,535,377 | 1,025,153 | 10.1 | 44% |
| 2014 | 40,793,395 | 38,971,136 | 1,822,259 | 10.1 | 42% |
| 2015 | 44,067,010 | 41,634,257 | 2,432,753 | 10.1 | 42% |
| 2016 | 46,053,722 | 44,941,834 | 1,111,888 | 9.8 | 42% |
| 2017 | 50,960,912 | 50,631,300 | 329,612 | 9.0 | 38% |
| 2018 | 55,734,383 | 52,827,883 | 2,906,500 | 9.1 | 39% |
| 2019 | 63,908,496 | 59,643,773 | 4,264,723 | 9.2 | 39% |
| 2020 | 70,072,854 | 65,712,464 | 4,360,390 | 9.5 | 39% |
| 2021 | 89,226,703 | 76,284,062 | 12,942,641 | 10.5 | 37% |
| 2022 | 94,951,858 | 82,964,708 | 11,987,150 | 10.7 | 36% |
| 2023 | 103,795,634 | 89,784,044 | 14,011,590 | 12.5 | 35% |
In its most recent public year (2023), this organization brought in $14,011,590 more than it spent. Its reserves stood at about 12.5 months of spending, up from 9.1 in 2011. Staff pay was 35% of spending. $928,225 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
Cobre Valley Regional 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