Memorial Hermann Medical Group
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 22,566,236 | 33,075,607 | −10,509,371 | -8.5 | 60% |
| 2012 | 50,234,171 | 65,173,352 | −14,939,181 | -7.1 | 62% |
| 2013 | 87,477,510 | 128,788,873 | −41,311,363 | -7.4 | 60% |
| 2014 | 89,603,127 | 137,932,783 | −48,329,656 | -11.1 | 59% |
| 2015 | 83,242,040 | 127,502,492 | −44,260,452 | -16.2 | 57% |
| 2016 | 98,964,504 | 147,055,023 | −48,090,519 | -18.0 | 62% |
| 2017 | 119,537,297 | 184,639,781 | −65,102,484 | -18.5 | 63% |
| 2018 | 139,677,803 | 217,022,789 | −77,344,986 | -20.1 | 63% |
| 2019 | 162,839,795 | 253,748,168 | −90,908,373 | -21.5 | 64% |
| 2020 | 216,077,712 | 324,919,903 | −108,842,191 | -20.8 | 69% |
| 2021 | 263,043,780 | 353,513,010 | −90,469,230 | -22.2 | 71% |
| 2022 | 270,760,302 | 365,994,255 | −95,233,953 | -24.5 | 70% |
| 2023 | 264,961,430 | 388,111,504 | −123,150,074 | -26.9 | 72% |
In its most recent public year (2023), this organization spent $123,150,074 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-26.9 months), down from -8.5 in 2011. Staff pay was 72% 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
Memorial Hermann Medical Group'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