Memorial Health Systems Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 441,932,450 | 415,926,700 | 26,005,750 | 11.3 | 27% |
| 2021 | 526,048,604 | 487,877,213 | 38,171,391 | 10.4 | 17% |
| 2022 | 543,759,757 | 543,958,755 | −198,998 | 8.4 | 17% |
In its most recent public year (2022), this organization spent $198,998 more than it brought in. Its reserves stood at about 8.4 months of spending, down from 11.3 in 2020. Staff pay was 17% of spending. $5,645,569 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 2022. 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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