Meritus Healthcare Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 772,776 | 1,005,994 | −233,218 | 91.3 | 29% |
| 2020 | 992,213 | 1,423,321 | −431,108 | 59.6 | 21% |
| 2021 | 1,098,593 | 1,232,820 | −134,227 | 80.9 | 0% |
| 2022 | 2,002,105 | 2,612,289 | −610,184 | 23.6 | 0% |
| 2023 | 10,015,612 | 3,843,651 | 6,171,961 | 36.4 | 0% |
In its most recent public year (2023), this organization brought in $6,171,961 more than it spent. Its reserves stood at about 36.4 months of spending, down from 91.3 in 2019. Staff pay was 0% of spending. $9,453,052 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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