Luminaries Of Torrance Memorial Medical Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 52,010 | 40,793 | 11,217 | 12.6 | — |
| 2020 | 47,642 | 45,316 | 2,326 | 12.0 | — |
| 2021 | 31,500 | 25,325 | 6,175 | 24.4 | — |
| 2022 | 35,544 | 31,836 | 3,708 | 20.8 | — |
| 2023 | 44,707 | 37,935 | 6,772 | 19.6 | — |
In its most recent public year (2023), this organization brought in $6,772 more than it spent. Its reserves stood at about 19.6 months of spending, up from 12.6 in 2019.
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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works