Memorial Hospital
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 181,371,741 | 186,360,559 | −4,988,818 | 0.8 | 45% |
| 2012 | 173,934,355 | 187,084,993 | −13,150,638 | -1.0 | 45% |
| 2013 | 158,665,030 | 192,246,186 | −33,581,156 | -1.2 | 44% |
| 2014 | 148,551,517 | 156,587,254 | −8,035,737 | -0.4 | 45% |
| 2015 | 137,774,178 | 164,559,763 | −26,785,585 | -3.6 | 41% |
| 2016 | 127,332,689 | 159,368,407 | −32,035,718 | -7.1 | 32% |
| 2017 | 114,182,915 | 135,055,907 | −20,872,992 | -9.6 | 30% |
| 2018 | 35,817,207 | 76,937,122 | −41,119,915 | -13.3 | 13% |
| 2019 | 4,667,962 | 5,926,165 | −1,258,203 | -168.8 | 13% |
| 2020 | 1,694,622 | 3,980,183 | −2,285,561 | -247.5 | 22% |
| 2021 | 8,550,332 | 3,956,831 | 4,593,501 | -234.6 | 14% |
| 2022 | 3,934,364 | 27,036,632 | −23,102,268 | -46.3 | 0% |
| 2023 | 2,230,882 | 2,971,784 | −740,902 | -419.7 | 0% |
In its most recent public year (2023), this organization spent $740,902 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-419.7 months), down from 0.8 in 2011. Staff pay was 0% of spending. $13,763,674 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
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