Montefiore Medical Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,681,576,365 | 2,637,769,972 | 43,806,393 | 2.6 | 50% |
| 2012 | 2,833,597,158 | 2,722,831,785 | 110,765,373 | 3.1 | 51% |
| 2013 | 3,066,100,975 | 2,940,271,744 | 125,829,231 | 3.6 | 51% |
| 2014 | 3,203,624,955 | 3,164,429,999 | 39,194,956 | 3.4 | 49% |
| 2015 | 3,428,144,743 | 3,391,520,370 | 36,624,373 | 3.0 | 49% |
| 2016 | 3,583,255,101 | 3,568,724,443 | 14,530,658 | 2.8 | 48% |
| 2017 | 3,727,089,479 | 3,694,395,882 | 32,693,597 | 2.7 | 48% |
| 2018 | 3,926,335,703 | 3,883,964,303 | 42,371,400 | 2.2 | 47% |
| 2019 | 4,196,735,035 | 4,157,936,641 | 38,798,394 | 2.1 | 47% |
| 2020 | 4,342,685,327 | 4,436,026,274 | −93,340,947 | 1.5 | 46% |
| 2021 | 4,245,441,819 | 4,602,246,814 | −356,804,995 | 0.3 | 44% |
| 2022 | 4,590,891,278 | 4,653,244,153 | −62,352,875 | -0.3 | 44% |
| 2023 | 5,057,497,655 | 5,003,322,926 | 54,174,729 | -0.4 | 44% |
In its most recent public year (2023), this organization brought in $54,174,729 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-0.4 months), down from 2.6 in 2011. Staff pay was 44% of spending. $101,581,894 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
Montefiore Medical Center'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