Multicare Foundations
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,057,829 | 4,849,666 | 208,163 | 46.3 | 5% |
| 2012 | 4,458,896 | 4,621,463 | −162,567 | 49.0 | 6% |
| 2013 | 7,524,385 | 3,875,972 | 3,648,413 | 71.4 | 7% |
| 2014 | 6,279,127 | 5,559,511 | 719,616 | 51.0 | 5% |
| 2015 | 2,991,267 | 4,605,630 | −1,614,363 | 57.3 | 5% |
| 2016 | 4,629,426 | 4,399,764 | 229,662 | 61.0 | 7% |
| 2017 | 5,834,570 | 3,890,297 | 1,944,273 | 84.4 | 8% |
| 2018 | 6,781,807 | 4,457,067 | 2,324,740 | 74.4 | 11% |
| 2019 | 14,383,601 | 17,057,003 | −2,673,402 | 17.4 | 4% |
| 2020 | 10,897,860 | 8,781,614 | 2,116,246 | 80.1 | 7% |
| 2021 | 11,201,582 | 10,052,721 | 1,148,861 | 82.2 | 5% |
| 2022 | 13,473,210 | 10,594,754 | 2,878,456 | 71.3 | 6% |
| 2023 | 16,201,415 | 7,719,247 | 8,482,168 | 113.7 | 22% |
In its most recent public year (2023), this organization brought in $8,482,168 more than it spent. Its reserves stood at about 113.7 months of spending, up from 46.3 in 2011. Staff pay was 22% of spending. $44,505,411 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
Multicare Foundations'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