Memorial Hospital And Homes Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 381,787 | 347,716 | 34,071 | 6.5 | 0% |
| 2021 | 385,970 | 332,279 | 53,691 | 8.7 | 0% |
| 2022 | 383,548 | 316,259 | 67,289 | 12.3 | 0% |
| 2023 | 396,877 | 313,498 | 83,379 | 15.6 | 0% |
| 2024 | 420,246 | 339,716 | 80,530 | 17.3 | 0% |
In its most recent public year (2024), this organization brought in $80,530 more than it spent. Its reserves stood at about 17.3 months of spending, up from 6.5 in 2020. Staff pay was 0% of spending. $303,685 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 2024. 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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