Providence Portland Medical Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 9,790,496 | 6,409,900 | 3,380,596 | 80.3 | 4% |
| 2012 | 10,228,851 | 6,954,414 | 3,274,437 | 87.9 | 4% |
| 2013 | 10,420,750 | 8,296,970 | 2,123,780 | 85.7 | 3% |
| 2014 | 12,248,888 | 8,929,037 | 3,319,851 | 83.6 | 3% |
| 2015 | 20,687,327 | 8,634,185 | 12,053,142 | 88.3 | 3% |
| 2016 | 12,067,268 | 8,973,830 | 3,093,438 | 95.0 | 3% |
| 2017 | 37,002,087 | 13,199,464 | 23,802,623 | 93.0 | 2% |
| 2018 | 51,193,004 | 15,280,185 | 35,912,819 | 99.9 | 2% |
| 2019 | 43,722,094 | 17,861,018 | 25,861,076 | 109.5 | 2% |
| 2020 | 14,369,066 | 17,509,583 | −3,140,517 | 121.0 | 1% |
| 2021 | 22,077,699 | 14,776,520 | 7,301,179 | 167.3 | 2% |
| 2022 | 17,555,616 | 13,358,407 | 4,197,209 | 163.0 | 2% |
| 2023 | 31,116,107 | 23,486,569 | 7,629,538 | 119.9 | 2% |
In its most recent public year (2023), this organization brought in $7,629,538 more than it spent. Its reserves stood at about 119.9 months of spending, up from 80.3 in 2011. Staff pay was 2% of spending. $150,153,038 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
Providence Portland Medical Foundation'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