Hackensack Meridian Health Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,422,297,777 | 1,333,383,115 | 88,914,662 | 6.9 | 38% |
| 2012 | 1,624,507,487 | 1,550,012,554 | 74,494,933 | 6.8 | 39% |
| 2013 | 1,607,860,923 | 1,498,365,954 | 109,494,969 | 8.8 | 41% |
| 2014 | 1,726,865,800 | 1,581,204,513 | 145,661,287 | 8.9 | 40% |
| 2015 | 1,865,053,653 | 1,661,890,714 | 203,162,939 | 9.7 | 41% |
| 2016 | 2,490,406,503 | 2,239,199,095 | 251,207,408 | 9.4 | 42% |
| 2017 | 2,567,369,098 | 2,380,715,868 | 186,653,230 | 10.4 | 43% |
| 2018 | 5,087,427,236 | 4,774,210,848 | 313,216,388 | 8.3 | 42% |
| 2019 | 5,565,689,162 | 5,226,743,815 | 338,945,347 | 8.8 | 41% |
| 2020 | 5,882,477,841 | 5,756,645,094 | 125,832,747 | 8.1 | 43% |
| 2021 | 6,406,920,204 | 6,164,788,878 | 242,131,326 | 8.2 | 41% |
| 2022 | 6,674,422,433 | 6,593,951,459 | 80,470,974 | 8.8 | 43% |
| 2023 | 7,466,842,942 | 7,143,661,248 | 323,181,694 | 9.3 | 41% |
In its most recent public year (2023), this organization brought in $323,181,694 more than it spent. Its reserves stood at about 9.3 months of spending, up from 6.9 in 2011. Staff pay was 41% of spending. $710,166,317 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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