Loretto Hospital Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 426,242 | 361,893 | 64,349 | 16.9 | 43% |
| 2012 | 412,777 | 308,853 | 103,924 | 23.9 | 55% |
| 2013 | 119,463 | 264,852 | −145,389 | 21.2 | 0% |
| 2014 | 69,990 | 136,130 | −66,140 | 35.6 | 0% |
| 2015 | 20,209 | 110,277 | −90,068 | 34.1 | 0% |
| 2016 | 26,526 | 34,467 | −7,941 | 105.2 | 0% |
| 2017 | 24,574 | 19,892 | 4,682 | 185.0 | 0% |
| 2018 | 47,147 | 24,317 | 22,830 | 162.6 | 0% |
| 2019 | 70,391 | 83,876 | −13,485 | 45.2 | 0% |
| 2020 | 296,749 | 90,623 | 206,126 | 65.0 | 6% |
| 2021 | 25,593 | 90,455 | −64,862 | 56.5 | 0% |
| 2022 | 11,969 | 80,621 | −68,652 | 53.1 | 0% |
| 2023 | 10,181 | 20,822 | −10,641 | 199.6 | 0% |
In its most recent public year (2023), this organization spent $10,641 more than it brought in. Its reserves stood at about 199.6 months of spending, up from 16.9 in 2011. Staff pay was 0% of spending. $321,133 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
Loretto Hospital Foundation'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