Quincy Medical Group Healthcare Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 92,280 | 92,356 | −76 | 2.4 | — |
| 2012 | 93,610 | 103,489 | −9,879 | 1.0 | — |
| 2013 | 94,990 | 91,788 | 3,202 | 1.5 | — |
| 2014 | 158,695 | 137,168 | 21,527 | 2.9 | 0% |
| 2015 | 91,032 | 115,396 | −24,364 | 0.9 | — |
| 2016 | 71,583 | 69,319 | 2,264 | 1.9 | — |
| 2017 | 134,441 | 99,303 | 35,138 | 5.6 | — |
| 2018 | 332,811 | 126,938 | 205,873 | 22.7 | 0% |
| 2019 | 353,188 | 237,742 | 115,446 | 17.9 | 0% |
| 2020 | 326,846 | 212,487 | 114,359 | 26.5 | 0% |
| 2021 | 245,031 | 244,124 | 907 | 23.1 | 0% |
| 2022 | 381,785 | 212,857 | 168,928 | 36.0 | 0% |
| 2023 | 338,929 | 251,686 | 87,243 | 34.6 | 0% |
In its most recent public year (2023), this organization brought in $87,243 more than it spent. Its reserves stood at about 34.6 months of spending, up from 2.4 in 2011. Staff pay was 0% of spending. $397,638 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
Quincy Medical Group Healthcare Foundation'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