Memorial Hospital Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,315,261 | 1,434,451 | 2,880,810 | 474.5 | 8% |
| 2012 | 4,452,799 | 1,694,554 | 2,758,245 | 403.6 | 6% |
| 2013 | 2,879,926 | 1,955,088 | 924,838 | 384.6 | 7% |
| 2014 | 6,283,560 | 2,077,928 | 4,205,632 | 413.8 | 6% |
| 2015 | 9,915,260 | 1,758,691 | 8,156,569 | 528.9 | 6% |
| 2016 | 4,593,184 | 1,973,528 | 2,619,656 | 455.9 | 6% |
| 2017 | 5,719,732 | 8,848,438 | −3,128,706 | 101.9 | 2% |
| 2018 | 6,938,993 | 2,258,217 | 4,680,776 | 421.5 | 7% |
| 2019 | 3,281,304 | 6,212,149 | −2,930,845 | 146.1 | 2% |
| 2020 | 7,187,601 | 3,329,647 | 3,857,954 | 288.8 | 4% |
| 2021 | 5,933,342 | 1,362,731 | 4,570,611 | 856.8 | 6% |
| 2022 | 3,657,952 | 856,933 | 2,801,019 | 1219.4 | 3% |
| 2023 | 3,426,955 | 1,145,839 | 2,281,116 | 991.0 | 27% |
In its most recent public year (2023), this organization brought in $2,281,116 more than it spent. Its reserves stood at about 991 months of spending, up from 474.5 in 2011. Staff pay was 27% of spending. $32,896,275 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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