Umass Memorial Health Care Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 399,681,870 | 395,288,746 | 4,393,124 | 16.0 | 34% |
| 2020 | 410,243,999 | 398,486,852 | 11,757,147 | 7.7 | 36% |
| 2021 | 457,890,056 | 446,806,062 | 11,083,994 | 12.0 | 36% |
| 2022 | 486,009,918 | 517,187,036 | −31,177,118 | 13.1 | 32% |
| 2023 | 563,656,357 | 538,975,429 | 24,680,928 | 15.4 | 34% |
In its most recent public year (2023), this organization brought in $24,680,928 more than it spent. Its reserves stood at about 15.4 months of spending. Staff pay was 34% of spending. $64,881,228 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
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