The Moses H Cone Memorial Hospital Operating Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 860,101,887 | 813,370,992 | 46,730,895 | 4.5 | 36% |
| 2012 | 957,953,473 | 922,471,355 | 35,482,118 | 4.6 | 35% |
| 2013 | 893,944,828 | 908,403,330 | −14,458,502 | 5.0 | 38% |
| 2014 | 977,350,583 | 924,252,322 | 53,098,261 | 6.2 | 36% |
| 2015 | 1,086,082,086 | 994,128,537 | 91,953,549 | 6.8 | 37% |
| 2016 | 1,143,066,722 | 1,078,063,664 | 65,003,058 | 6.8 | 36% |
| 2017 | 1,197,972,201 | 1,125,766,390 | 72,205,811 | 7.5 | 36% |
| 2018 | 1,285,603,522 | 1,183,133,833 | 102,469,689 | 8.2 | 36% |
| 2019 | 1,404,159,415 | 1,345,382,220 | 58,777,195 | 8.4 | 34% |
| 2020 | 1,501,803,098 | 1,341,964,389 | 159,838,709 | 9.9 | 37% |
| 2021 | 1,595,599,944 | 1,495,459,193 | 100,140,751 | 9.7 | 36% |
| 2022 | 1,647,783,819 | 1,611,711,413 | 36,072,406 | 9.3 | 35% |
| 2023 | 1,929,317,490 | 1,745,593,096 | 183,724,394 | 10.0 | 35% |
In its most recent public year (2023), this organization brought in $183,724,394 more than it spent. Its reserves stood at about 10 months of spending, up from 4.5 in 2011. Staff pay was 35% of spending. $18,350,135 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
The Moses H Cone Memorial Hospital Operating Corporation'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