Memorial Health System
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 60,164,968 | 59,356,100 | 808,868 | 15.4 | 35% |
| 2012 | 61,410,357 | 59,646,946 | 1,763,411 | 19.7 | 37% |
| 2013 | 62,114,196 | 62,730,049 | −615,853 | 17.9 | 38% |
| 2014 | 71,139,511 | 73,122,673 | −1,983,162 | 18.8 | 35% |
| 2015 | 68,171,145 | 70,243,759 | −2,072,614 | 22.1 | 42% |
| 2016 | 74,180,471 | 76,192,468 | −2,011,997 | 16.7 | 41% |
| 2017 | 70,729,460 | 72,222,005 | −1,492,545 | 19.6 | 44% |
| 2018 | 74,955,241 | 70,715,448 | 4,239,793 | 21.0 | 41% |
| 2019 | 77,803,131 | 82,066,813 | −4,263,682 | 18.2 | 39% |
| 2020 | 107,648,625 | 89,835,471 | 17,813,154 | 17.2 | 40% |
| 2021 | 82,620,372 | 100,180,203 | −17,559,831 | 22.2 | 41% |
| 2022 | 112,809,399 | 118,516,061 | −5,706,662 | 17.6 | 32% |
| 2023 | 163,297,902 | 175,476,634 | −12,178,732 | 13.2 | 21% |
In its most recent public year (2023), this organization spent $12,178,732 more than it brought in. Its reserves stood at about 13.2 months of spending, down from 15.4 in 2011. Staff pay was 21% of spending.
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