Graduate Medical Education Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 8,610,845 | 8,453,527 | 157,318 | 1.1 | 77% |
| 2012 | 9,338,672 | 9,357,638 | −18,966 | 1.0 | 80% |
| 2013 | 9,813,162 | 9,445,083 | 368,079 | 1.4 | 80% |
| 2014 | 10,658,959 | 10,031,115 | 627,844 | 2.1 | 78% |
| 2015 | 10,880,729 | 10,278,065 | 602,664 | 2.7 | 77% |
| 2016 | 12,099,695 | 11,976,270 | 123,425 | 2.5 | 75% |
| 2017 | 2,578,912 | 2,755,433 | −176,521 | 10.0 | 65% |
| 2018 | 2,201,580 | 2,315,825 | −114,245 | 11.3 | 70% |
| 2019 | 2,878,178 | 2,982,922 | −104,744 | 8.4 | 64% |
| 2020 | 3,293,250 | 3,474,334 | −181,084 | 6.6 | 66% |
| 2021 | 3,856,485 | 3,901,931 | −45,446 | 5.7 | 69% |
| 2022 | 3,149,441 | 3,216,719 | −67,278 | 6.7 | 68% |
| 2023 | 3,567,937 | 3,586,834 | −18,897 | 5.9 | 69% |
In its most recent public year (2023), this organization spent $18,897 more than it brought in. Its reserves stood at about 5.9 months of spending, up from 1.1 in 2011. Staff pay was 69% 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
Graduate Medical Education Inc'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