Hopedale Medical Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 23,357,740 | 21,496,451 | 1,861,289 | 7.6 | 45% |
| 2012 | 23,665,970 | 22,471,183 | 1,194,787 | 7.9 | 46% |
| 2013 | 22,280,387 | 21,192,434 | 1,087,953 | 9.1 | 49% |
| 2014 | 21,823,234 | 20,934,983 | 888,251 | 9.7 | 49% |
| 2015 | 23,883,815 | 21,710,976 | 2,172,839 | 10.6 | 49% |
| 2016 | 23,845,129 | 22,349,405 | 1,495,724 | 11.1 | 48% |
| 2017 | 25,649,141 | 23,562,419 | 2,086,722 | 11.6 | 48% |
| 2018 | 27,772,469 | 24,845,266 | 2,927,203 | 12.5 | 48% |
| 2019 | 29,432,533 | 27,864,200 | 1,568,333 | 11.8 | 49% |
| 2020 | 31,783,507 | 29,998,097 | 1,785,410 | 11.7 | 48% |
| 2021 | 35,767,367 | 30,237,316 | 5,530,051 | 13.8 | 48% |
| 2022 | 37,057,964 | 32,408,715 | 4,649,249 | 14.4 | 52% |
| 2023 | 43,413,495 | 35,065,424 | 8,348,071 | 16.3 | 54% |
In its most recent public year (2023), this organization brought in $8,348,071 more than it spent. Its reserves stood at about 16.3 months of spending, up from 7.6 in 2011. Staff pay was 54% of spending. $524,081 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
Hopedale Medical 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