Granite Wellness Centers
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,111,857 | 2,038,535 | 73,322 | 19.4 | 56% |
| 2012 | 4,535,196 | 4,274,384 | 260,812 | 10.0 | 50% |
| 2013 | 5,893,002 | 5,528,690 | 364,312 | 8.5 | 46% |
| 2014 | 6,727,185 | 6,053,754 | 673,431 | 9.1 | 50% |
| 2015 | 7,046,476 | 6,629,737 | 416,739 | 9.1 | 49% |
| 2016 | 7,595,688 | 6,929,996 | 665,692 | 9.8 | 48% |
| 2017 | 7,405,323 | 7,391,947 | 13,376 | 9.2 | 49% |
| 2018 | 7,857,452 | 7,837,012 | 20,440 | 8.7 | 51% |
| 2019 | 9,213,490 | 9,164,655 | 48,835 | 7.5 | 54% |
| 2020 | 10,184,989 | 10,298,861 | −113,872 | 6.6 | 57% |
| 2021 | 11,056,316 | 10,788,317 | 267,999 | 6.6 | 57% |
| 2022 | 11,335,097 | 11,971,784 | −636,687 | 5.2 | 49% |
| 2023 | 9,215,830 | 11,472,776 | −2,256,946 | 3.1 | 49% |
In its most recent public year (2023), this organization spent $2,256,946 more than it brought in. Its reserves stood at about 3.1 months of spending, down from 19.4 in 2011. Staff pay was 49% of spending. $2,593,645 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
Granite Wellness Centers'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