The Memorial Health Care Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 719,284 | 966,939 | −247,655 | 78.0 | 16% |
| 2012 | 715,305 | 745,429 | −30,124 | 108.7 | 20% |
| 2013 | 1,098,005 | 1,889,268 | −791,263 | 39.4 | 8% |
| 2014 | 685,228 | 614,087 | 71,141 | 129.9 | 24% |
| 2015 | 1,160,191 | 717,705 | 442,486 | 108.7 | 19% |
| 2016 | 1,551,177 | 1,683,470 | −132,293 | 47.9 | 8% |
| 2017 | 488,753 | 791,083 | −302,330 | 109.3 | 19% |
| 2018 | 1,060,685 | 358,890 | 701,795 | 252.9 | 43% |
| 2019 | 880,668 | 464,865 | 415,803 | 231.1 | 35% |
| 2020 | 895,703 | 304,147 | 591,556 | 387.2 | 45% |
| 2021 | 1,140,888 | 704,999 | 435,889 | 179.9 | 21% |
| 2022 | 1,240,317 | 690,801 | 549,516 | 152.2 | 20% |
| 2023 | 1,215,417 | 639,968 | 575,449 | 181.7 | 9% |
In its most recent public year (2023), this organization brought in $575,449 more than it spent. Its reserves stood at about 181.7 months of spending, up from 78 in 2011. Staff pay was 9% of spending. $2,912,631 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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