Albany Med Health System
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 10,755,816 | 10,640,465 | 115,351 | -2.0 | 67% |
| 2012 | 11,308,684 | 11,117,895 | 190,789 | -5.2 | 66% |
| 2013 | 11,979,584 | 11,952,227 | 27,357 | -0.8 | 63% |
| 2014 | 11,423,250 | 13,039,434 | −1,616,184 | -3.4 | 65% |
| 2015 | 11,856,306 | 12,346,693 | −490,387 | -4.3 | 63% |
| 2016 | 11,565,077 | 11,925,387 | −360,310 | -4.8 | 61% |
| 2017 | 11,447,927 | 11,204,628 | 243,299 | -4.0 | 4% |
| 2018 | 10,393,455 | 11,543,868 | −1,150,413 | -4.6 | 63% |
| 2019 | 12,863,991 | 10,765,427 | 2,098,564 | 0.9 | 67% |
| 2020 | 10,585,753 | 10,430,891 | 154,862 | 0.9 | 70% |
| 2021 | 12,188,921 | 9,952,750 | 2,236,171 | 3.0 | 71% |
| 2022 | 10,831,601 | 10,087,960 | 743,641 | 3.9 | 70% |
In its most recent public year (2022), this organization brought in $743,641 more than it spent. Its reserves stood at about 3.9 months of spending, up from -2 in 2011. Staff pay was 70% of spending. $44,177 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 2022. 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
Albany Med Health System's IRS filings as a feed — one entry per filing year, through 2022. 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