Memorial Hospital
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 75,917,445 | 75,085,354 | 832,091 | 8.0 | 40% |
| 2021 | 92,264,207 | 84,026,796 | 8,237,411 | 8.8 | 37% |
| 2022 | 105,759,136 | 96,024,231 | 9,734,905 | 8.4 | 36% |
| 2023 | 113,533,022 | 105,333,975 | 8,199,047 | 8.7 | 36% |
In its most recent public year (2023), this organization brought in $8,199,047 more than it spent. Its reserves stood at about 8.7 months of spending. Staff pay was 36% 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
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