International Falls Memorial Hospital Assn
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 25,262,333 | 25,797,379 | −535,046 | 8.8 | 31% |
| 2012 | 25,969,566 | 25,603,320 | 366,246 | 8.9 | 30% |
| 2013 | 24,564,855 | 25,688,131 | −1,123,276 | 8.4 | 29% |
| 2014 | 21,412,265 | 24,779,913 | −3,367,648 | 6.8 | 33% |
| 2015 | 24,593,595 | 24,589,907 | 3,688 | 6.9 | 38% |
| 2016 | 27,408,705 | 26,448,478 | 960,227 | 6.9 | 40% |
| 2017 | 27,277,956 | 27,205,902 | 72,054 | 6.7 | 37% |
| 2018 | 27,504,328 | 26,686,751 | 817,577 | 7.2 | 39% |
| 2019 | 29,623,860 | 29,000,652 | 623,208 | 6.9 | 41% |
| 2020 | 30,747,327 | 29,538,404 | 1,208,923 | 7.1 | 41% |
| 2021 | 38,830,378 | 31,963,224 | 6,867,154 | 9.2 | 41% |
| 2022 | 35,022,338 | 33,544,063 | 1,478,275 | 8.9 | 40% |
| 2023 | 34,473,808 | 34,222,539 | 251,269 | 9.2 | 40% |
In its most recent public year (2023), this organization brought in $251,269 more than it spent. Its reserves stood at about 9.2 months of spending. Staff pay was 40% of spending. $160,885 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
International Falls Memorial Hospital Assn'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