Shore Health System Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 232,591,942 | 209,380,970 | 23,210,972 | 10.3 | 39% |
| 2012 | 224,772,561 | 207,220,950 | 17,551,611 | 10.8 | 39% |
| 2013 | 231,595,874 | 211,584,908 | 20,010,966 | 11.0 | 39% |
| 2014 | 241,629,485 | 219,425,980 | 22,203,505 | 12.1 | 36% |
| 2015 | 246,295,742 | 221,109,746 | 25,185,996 | 13.2 | 35% |
| 2016 | 262,693,443 | 234,084,709 | 28,608,734 | 13.0 | 36% |
| 2017 | 263,328,048 | 248,630,898 | 14,697,150 | 12.4 | 35% |
| 2018 | 268,587,354 | 235,845,024 | 32,742,330 | 14.0 | 36% |
| 2019 | 276,273,222 | 238,638,945 | 37,634,277 | 14.5 | 36% |
| 2020 | 280,241,666 | 235,362,108 | 44,879,558 | 15.1 | 36% |
| 2021 | 292,979,437 | 236,843,180 | 56,136,257 | 18.5 | 35% |
| 2022 | 313,920,138 | 252,589,752 | 61,330,386 | 17.5 | 32% |
| 2023 | 298,894,266 | 278,861,142 | 20,033,124 | 16.4 | 31% |
In its most recent public year (2023), this organization brought in $20,033,124 more than it spent. Its reserves stood at about 16.4 months of spending, up from 10.3 in 2011. Staff pay was 31% of spending. $45,343,554 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
Shore Health System Inc'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