Medbank Foundation Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 238,136 | 252,061 | −13,925 | 15.7 | 61% |
| 2012 | 335,443 | 294,696 | 40,747 | 15.1 | 60% |
| 2013 | 315,525 | 364,953 | −49,428 | 10.6 | 60% |
| 2014 | 408,033 | 429,577 | −21,544 | 8.4 | 59% |
| 2015 | 322,084 | 398,677 | −76,593 | 6.7 | 74% |
| 2016 | 355,793 | 367,571 | −11,778 | 6.9 | 65% |
| 2017 | 281,102 | 270,255 | 10,847 | 9.9 | 59% |
| 2018 | 306,708 | 370,539 | −63,831 | 5.1 | 66% |
| 2019 | 409,077 | 375,502 | 33,575 | 6.1 | 65% |
| 2020 | 378,573 | 340,885 | 37,688 | 8.1 | 57% |
| 2021 | 337,541 | 356,893 | −19,352 | 7.1 | 62% |
| 2022 | 384,635 | 416,009 | −31,374 | 5.2 | 51% |
| 2023 | 441,771 | 406,237 | 35,534 | 6.3 | 50% |
In its most recent public year (2023), this organization brought in $35,534 more than it spent. Its reserves stood at about 6.3 months of spending, down from 15.7 in 2011. Staff pay was 50% of spending.
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
Medbank Foundation Incorporated'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