Health Research Incorporated Elizabeth Wood
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 664,190,028 | 659,902,269 | 4,287,759 | 0.2 | 20% |
| 2013 | 666,738,948 | 664,129,007 | 2,609,941 | 0.7 | 19% |
| 2014 | 703,898,454 | 699,241,618 | 4,656,836 | 0.9 | 17% |
| 2015 | 690,422,535 | 671,234,520 | 19,188,015 | 1.4 | 17% |
| 2016 | 673,613,999 | 669,190,491 | 4,423,508 | 1.4 | 18% |
| 2017 | 690,279,145 | 683,958,907 | 6,320,238 | 1.6 | 18% |
| 2018 | 712,607,258 | 704,873,265 | 7,733,993 | 1.7 | 18% |
| 2019 | 771,170,665 | 758,692,097 | 12,478,568 | 1.8 | 18% |
| 2020 | 1,326,519,936 | 820,344,920 | 506,175,016 | 9.0 | 17% |
| 2021 | 1,161,732,655 | 1,179,274,604 | −17,541,949 | 6.2 | 13% |
| 2022 | 1,331,761,397 | 1,290,001,569 | 41,759,828 | 6.0 | 12% |
| 2023 | 995,310,137 | 940,966,272 | 54,343,865 | 9.0 | 17% |
| 2024 | 1,063,879,116 | 1,143,061,495 | −79,182,379 | 6.7 | 15% |
In its most recent public year (2024), this organization spent $79,182,379 more than it brought in. Its reserves stood at about 6.7 months of spending, up from 0.2 in 2012. Staff pay was 15% of spending. $451,092,685 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 2024. 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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