Palomar Health Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,398,432 | 2,239,628 | 158,804 | 40.0 | 47% |
| 2012 | 3,683,115 | 2,704,898 | 978,217 | 40.2 | 37% |
| 2013 | 2,338,896 | 3,054,755 | −715,859 | 30.4 | 41% |
| 2014 | 4,327,768 | 3,843,064 | 484,704 | 20.7 | 32% |
| 2015 | 1,952,307 | 1,975,096 | −22,789 | 39.5 | 45% |
| 2016 | 3,414,392 | 4,207,616 | −793,224 | 16.0 | 20% |
| 2017 | 3,086,990 | 3,144,953 | −57,963 | 21.5 | 30% |
| 2018 | 6,595,245 | 6,222,180 | 373,065 | 11.7 | 10% |
| 2019 | 2,983,925 | 3,361,843 | −377,918 | 20.8 | 18% |
| 2020 | 5,285,222 | 5,002,342 | 282,880 | 14.8 | 4% |
| 2021 | 6,219,370 | 7,053,448 | −834,078 | 9.8 | 7% |
| 2022 | 3,670,088 | 3,387,781 | 282,307 | 22.1 | 4% |
| 2023 | 2,759,494 | 4,565,037 | −1,805,543 | 8.4 | 4% |
In its most recent public year (2023), this organization spent $1,805,543 more than it brought in. Its reserves stood at about 8.4 months of spending, down from 40 in 2011. Staff pay was 4% of spending. $3,774,647 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
Palomar Health 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