Memorial Hospital
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 69,626,324 | 67,664,058 | 1,962,266 | 6.5 | 38% |
| 2012 | 71,985,516 | 72,373,514 | −387,998 | 6.1 | 37% |
| 2013 | 20,297,304 | 19,464,879 | 832,425 | 18.1 | 37% |
| 2014 | 81,313,708 | 64,734,519 | 16,579,189 | 8.8 | 40% |
| 2015 | 55,407,380 | 56,623,426 | −1,216,046 | 10.1 | 35% |
| 2016 | 67,105,310 | 59,592,933 | 7,512,377 | 11.0 | 30% |
| 2017 | 67,869,703 | 60,131,201 | 7,738,502 | 12.7 | 30% |
| 2018 | 68,737,040 | 60,086,296 | 8,650,744 | 13.3 | 29% |
| 2019 | 70,448,701 | 64,042,028 | 6,406,673 | 15.9 | 30% |
| 2020 | 70,540,192 | 64,048,774 | 6,491,418 | 4.2 | 31% |
| 2021 | 76,771,960 | 66,925,414 | 9,846,546 | 2.9 | 32% |
| 2022 | 86,272,614 | 80,955,481 | 5,317,133 | 4.3 | 23% |
| 2023 | 93,890,973 | 78,843,430 | 15,047,543 | 2.6 | 25% |
In its most recent public year (2023), this organization brought in $15,047,543 more than it spent. Its reserves stood at about 2.6 months of spending, down from 6.5 in 2011. Staff pay was 25% of spending. $6,927,637 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
Memorial Hospital'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