Methodist Retirement Homes Of Kentucky Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 406,225 | 415,623 | −9,398 | 6.3 | 21% |
| 2013 | 360,895 | 345,279 | 15,616 | 8.9 | 26% |
| 2014 | 409,211 | 439,433 | −30,222 | 7.3 | 25% |
| 2015 | 409,250 | 368,227 | 41,023 | 10.4 | 28% |
| 2016 | 544,935 | 298,111 | 246,824 | 22.3 | 37% |
| 2017 | 343,635 | 293,488 | 50,147 | 26.1 | 39% |
| 2018 | 584,671 | 348,653 | 236,018 | 30.7 | 35% |
| 2019 | 256,194 | 405,009 | −148,815 | 23.2 | 31% |
| 2020 | 241,809 | 329,593 | −87,784 | 25.8 | 32% |
| 2021 | 283,941 | 348,245 | −64,304 | 26.5 | 25% |
| 2022 | 312,467 | 370,294 | −57,827 | 19.8 | 24% |
| 2023 | 256,661 | 125,163 | 131,498 | 75.7 | 12% |
In its most recent public year (2023), this organization brought in $131,498 more than it spent. Its reserves stood at about 75.7 months of spending, up from 6.3 in 2012. Staff pay was 12% of spending. $148,990 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
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