Kent County Memorial Hospital
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 313,360,245 | 308,286,368 | 5,073,877 | 1.9 | 41% |
| 2012 | 301,678,134 | 295,415,660 | 6,262,474 | 2.2 | 43% |
| 2013 | 313,865,810 | 313,548,768 | 317,042 | 2.6 | 42% |
| 2014 | 323,420,083 | 315,554,401 | 7,865,682 | 2.7 | 44% |
| 2015 | 310,514,037 | 290,501,933 | 20,012,104 | 2.9 | 37% |
| 2016 | 380,892,854 | 377,268,783 | 3,624,071 | 2.1 | 40% |
| 2017 | 445,260,413 | 446,205,335 | −944,922 | 1.9 | 44% |
| 2018 | 493,418,602 | 478,218,794 | 15,199,808 | 2.5 | 43% |
| 2019 | 520,038,036 | 510,223,879 | 9,814,157 | 2.3 | 43% |
| 2020 | 505,476,351 | 516,372,099 | −10,895,748 | 1.9 | 42% |
| 2021 | 616,989,024 | 587,743,090 | 29,245,934 | 2.7 | 42% |
| 2022 | 601,092,922 | 634,246,477 | −33,153,555 | 1.7 | 41% |
| 2023 | 646,011,139 | 668,151,722 | −22,140,583 | 1.3 | 40% |
In its most recent public year (2023), this organization spent $22,140,583 more than it brought in. Its reserves stood at about 1.3 months of spending. Staff pay was 40% of spending. $18,078,958 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
Kent County Memorial Hospital'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