Medical Letter Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,056,193 | 5,627,219 | 428,974 | 9.8 | 51% |
| 2012 | 5,911,254 | 5,499,368 | 411,886 | 11.0 | 51% |
| 2013 | 5,498,403 | 5,548,994 | −50,591 | 10.6 | 52% |
| 2014 | 5,037,436 | 5,501,116 | −463,680 | 10.2 | 53% |
| 2015 | 4,174,452 | 5,719,465 | −1,545,013 | 6.3 | 53% |
| 2016 | 3,976,122 | 5,429,821 | −1,453,699 | 3.2 | 57% |
| 2017 | 4,080,285 | 5,382,862 | −1,302,577 | 0.5 | 58% |
| 2018 | 4,436,598 | 4,780,502 | −343,904 | -0.6 | 58% |
| 2019 | 4,660,663 | 4,526,429 | 134,234 | -0.1 | 58% |
| 2020 | 4,639,901 | 4,510,799 | 129,102 | 0.2 | 59% |
| 2021 | 5,090,906 | 4,440,597 | 650,309 | 2.3 | 59% |
| 2022 | 4,609,890 | 4,287,671 | 322,219 | 2.5 | 59% |
| 2023 | 4,324,997 | 4,366,359 | −41,362 | 2.6 | 57% |
In its most recent public year (2023), this organization spent $41,362 more than it brought in. Its reserves stood at about 2.6 months of spending, down from 9.8 in 2011. Staff pay was 57% of spending.
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
Medical Letter Inc'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