Memorial Health Care System Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 526,393,277 | 483,480,117 | 42,913,160 | 9.4 | 32% |
| 2012 | 547,736,818 | 520,174,233 | 27,562,585 | 9.2 | 32% |
| 2013 | 544,400,040 | 515,923,066 | 28,476,974 | 9.9 | 29% |
| 2014 | 557,381,730 | 531,805,767 | 25,575,963 | 10.3 | 29% |
| 2015 | 612,903,115 | 585,874,532 | 27,028,583 | 9.5 | 27% |
| 2016 | 647,030,849 | 617,242,182 | 29,788,667 | 9.0 | 26% |
| 2017 | 665,378,798 | 600,319,503 | 65,059,295 | 9.9 | 28% |
| 2018 | 684,120,675 | 622,986,378 | 61,134,297 | 10.4 | 28% |
| 2019 | 599,631,543 | 565,829,626 | 33,801,917 | 11.7 | 34% |
| 2020 | 564,430,640 | 595,006,052 | −30,575,412 | 10.2 | 32% |
| 2021 | 655,181,018 | 642,033,823 | 13,147,195 | 9.6 | 32% |
| 2022 | 638,480,662 | 667,694,962 | −29,214,300 | 7.1 | 32% |
| 2023 | 655,747,673 | 698,834,239 | −43,086,566 | 5.9 | 34% |
In its most recent public year (2023), this organization spent $43,086,566 more than it brought in. Its reserves stood at about 5.9 months of spending, down from 9.4 in 2011. Staff pay was 34% of spending. $458,296 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
Memorial Health Care 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