Swedish Medical Center Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 21,589,140 | 26,790,055 | −5,200,915 | 26.2 | 5% |
| 2012 | 18,432,696 | 13,947,691 | 4,485,005 | 54.9 | 9% |
| 2013 | 16,583,080 | 16,169,683 | 413,397 | 49.0 | 11% |
| 2014 | 12,181,494 | 11,202,296 | 979,198 | 72.9 | 17% |
| 2015 | 33,170,739 | 11,016,533 | 22,154,206 | 83.9 | 18% |
| 2016 | 18,723,157 | 11,825,048 | 6,898,109 | 87.8 | 23% |
| 2017 | 15,424,557 | 11,807,959 | 3,616,598 | 97.4 | 24% |
| 2018 | 39,523,050 | 14,481,959 | 25,041,091 | 91.4 | 19% |
| 2019 | 26,543,615 | 18,214,418 | 8,329,197 | 85.9 | 19% |
| 2020 | 23,074,936 | 25,608,818 | −2,533,882 | 64.3 | 15% |
| 2021 | 36,132,164 | 28,306,624 | 7,825,540 | 63.2 | 16% |
| 2022 | 29,716,152 | 27,525,732 | 2,190,420 | 57.2 | 20% |
| 2023 | 36,544,463 | 25,566,977 | 10,977,486 | 67.2 | 17% |
In its most recent public year (2023), this organization brought in $10,977,486 more than it spent. Its reserves stood at about 67.2 months of spending, up from 26.2 in 2011. Staff pay was 17% of spending. $112,042,529 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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