Illinois Hospital Research And Educational Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,657,989 | 4,530,646 | 127,343 | 1.4 | 0% |
| 2012 | 2,099,433 | 1,973,767 | 125,666 | 4.0 | 13% |
| 2013 | 4,325,395 | 4,320,550 | 4,845 | 1.8 | 11% |
| 2014 | 8,194,622 | 7,963,737 | 230,885 | 1.3 | 2% |
| 2015 | 4,222,097 | 4,229,493 | −7,396 | 2.4 | 0% |
| 2016 | 4,371,643 | 4,384,343 | −12,700 | 2.3 | 0% |
| 2017 | 3,984,116 | 3,992,184 | −8,068 | 2.5 | 0% |
| 2018 | 18,682,647 | 18,673,389 | 9,258 | 0.5 | 0% |
| 2019 | 46,252 | 38,949 | 7,303 | 262.0 | 0% |
| 2020 | 28,389 | 40,161 | −11,772 | 250.0 | 0% |
| 2021 | 7,383 | 26,740 | −19,357 | 366.8 | 0% |
| 2022 | 26,103 | 29,429 | −3,326 | 332.0 | 0% |
| 2023 | 46,611 | 10,599 | 36,012 | 962.5 | 0% |
In its most recent public year (2023), this organization brought in $36,012 more than it spent. Its reserves stood at about 962.5 months of spending, up from 1.4 in 2011. Staff pay was 0% 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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