Memorial Health Services Group Return
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,828,617,007 | 1,691,468,150 | 137,148,857 | 7.0 | 29% |
| 2012 | 1,821,632,605 | 1,738,986,870 | 82,645,735 | 7.9 | 31% |
| 2013 | 2,116,490,748 | 2,050,861,733 | 65,629,015 | 7.5 | 28% |
| 2014 | 2,048,826,119 | 1,980,360,593 | 68,465,526 | 8.3 | 29% |
| 2015 | 2,302,862,483 | 2,167,859,749 | 135,002,734 | 8.3 | 29% |
| 2016 | 2,303,126,867 | 2,168,565,357 | 134,561,510 | 9.0 | 29% |
| 2017 | 2,253,807,689 | 2,166,166,394 | 87,641,295 | 9.5 | 29% |
| 2018 | 2,340,953,716 | 2,267,577,683 | 73,376,033 | 9.4 | 27% |
| 2019 | 2,480,778,360 | 2,308,137,596 | 172,640,764 | 10.1 | 27% |
| 2020 | 2,607,380,250 | 2,490,257,843 | 117,122,407 | 9.9 | 26% |
| 2021 | 2,641,474,929 | 2,520,260,517 | 121,214,412 | 10.5 | 26% |
| 2022 | 2,745,718,631 | 2,670,009,849 | 75,708,782 | 10.2 | 26% |
| 2023 | 2,722,723,854 | 2,904,359,316 | −181,635,462 | 8.9 | 27% |
In its most recent public year (2023), this organization spent $181,635,462 more than it brought in. Its reserves stood at about 8.9 months of spending, up from 7 in 2011. Staff pay was 27% of spending. $4,044,204 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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