Memorial Home Inc
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $8,050,593 | $7,716,370 | $334,223 | 8.2 | 56% |
| 2021 | $8,217,398 | $8,044,516 | $172,882 | 8.1 | 56% |
| 2022 | $9,012,977 | $8,522,527 | $490,450 | 8.4 | 56% |
| 2023 | $9,244,828 | $8,863,127 | $381,701 | 8.6 | 57% |
In its most recent public year (2023), this organization brought in $381,701 more than it spent. Its reserves stood at about 8.6 months of spending. Staff pay was 57% of spending. $1,535,137 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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