Albany Med Health System
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,102,844 | 2,176,939 | −74,095 | 14.9 | 13% |
| 2012 | 2,668,544 | 1,635,129 | 1,033,415 | 28.8 | 18% |
| 2013 | 2,308,872 | 2,563,087 | −254,215 | 17.3 | 14% |
| 2014 | 2,150,033 | 2,578,907 | −428,874 | 14.5 | 10% |
| 2015 | 3,097,102 | 1,490,930 | 1,606,172 | 35.1 | 20% |
| 2016 | 2,897,928 | 2,411,555 | 486,373 | 25.4 | 15% |
| 2017 | 3,719,904 | 4,436,509 | −716,605 | 12.7 | 9% |
| 2018 | 2,422,722 | 2,495,617 | −72,895 | 20.0 | 16% |
| 2019 | 3,082,849 | 2,500,813 | 582,036 | 24.5 | 16% |
| 2020 | 3,412,410 | 1,677,320 | 1,735,090 | 53.3 | 22% |
| 2021 | 3,434,600 | 2,986,847 | 447,753 | 33.6 | 12% |
| 2022 | 5,018,752 | 3,727,491 | 1,291,261 | 26.3 | 10% |
| 2023 | 6,161,790 | 2,236,519 | 3,925,271 | 70.1 | 17% |
In its most recent public year (2023), this organization brought in $3,925,271 more than it spent. Its reserves stood at about 70.1 months of spending, up from 14.9 in 2011. Staff pay was 17% of spending. $11,882,642 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
Albany Med Health System'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