Medicines360
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 19,692,917 | 12,349,532 | 7,343,385 | 29.6 | 29% |
| 2012 | 15,012,565 | 15,595,390 | −582,825 | 23.1 | 30% |
| 2013 | 2,041,551 | 12,266,842 | −10,225,291 | 19.3 | 34% |
| 2014 | 3,137,921 | 7,910,891 | −4,772,970 | 22.6 | 23% |
| 2015 | 69,492,345 | 15,893,825 | 53,598,520 | 51.7 | 43% |
| 2016 | 7,672,651 | 16,564,862 | −8,892,211 | 42.4 | 39% |
| 2017 | 23,326,051 | 17,034,239 | 6,291,812 | 48.3 | 34% |
| 2018 | 16,684,261 | 21,355,992 | −4,671,731 | 33.1 | 32% |
| 2019 | 17,400,453 | 23,813,287 | −6,412,834 | 43.4 | 33% |
| 2020 | 12,024,199 | 23,337,557 | −11,313,358 | 41.4 | 37% |
| 2021 | 24,675,342 | 22,588,940 | 2,086,402 | 39.4 | 40% |
| 2022 | 10,933,921 | 18,738,779 | −7,804,858 | 37.9 | 47% |
| 2023 | 10,006,742 | 19,326,497 | −9,319,755 | 29.1 | 47% |
In its most recent public year (2023), this organization spent $9,319,755 more than it brought in. Its reserves stood at about 29.1 months of spending. Staff pay was 47% of spending. $790,503 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
Medicines360'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