Memorial Hospital Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 104,012 | 35,269 | 68,743 | 39.8 | 0% |
| 2017 | 110,911 | 64,612 | 46,299 | 30.3 | 0% |
| 2018 | 40,466 | 70,924 | −30,458 | 22.3 | 0% |
| 2019 | 111,330 | 97,277 | 14,053 | 19.3 | 0% |
| 2020 | 191,450 | 62,039 | 129,411 | 56.2 | 0% |
| 2021 | 159,411 | 14,862 | 144,549 | 373.5 | 0% |
| 2022 | 410,299 | 223,163 | 187,136 | 33.9 | 0% |
| 2023 | 204,110 | 153,838 | 50,272 | 53.9 | 0% |
In its most recent public year (2023), this organization brought in $50,272 more than it spent. Its reserves stood at about 53.9 months of spending, up from 39.8 in 2016. Staff pay was 0% 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
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