Memorial Health Care System Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,078,370 | 3,694,691 | 383,679 | -3.2 | 0% |
| 2012 | 6,430,082 | 2,624,916 | 3,805,166 | 12.8 | 0% |
| 2013 | 6,803,339 | 1,479,512 | 5,323,827 | 66.3 | 0% |
| 2014 | 2,781,081 | 2,677,560 | 103,521 | 37.9 | 0% |
| 2015 | 1,697,147 | 2,861,387 | −1,164,240 | 30.6 | 0% |
| 2016 | 1,688,021 | 10,775,247 | −9,087,226 | -2.1 | 0% |
| 2017 | 2,277,520 | 4,580,185 | −2,302,665 | -10.8 | 0% |
| 2018 | 2,935,743 | 3,483,969 | −548,226 | -16.0 | 0% |
| 2019 | 1,772,895 | 2,174,578 | −401,683 | -27.5 | 0% |
| 2020 | 3,315,649 | 4,153,549 | −837,900 | -16.7 | 0% |
| 2021 | 3,611,781 | 2,984,807 | 626,974 | -18.7 | 0% |
| 2022 | 6,317,578 | 3,575,359 | 2,742,219 | 39.3 | 0% |
| 2023 | 5,539,421 | 3,858,442 | 1,680,979 | 46.8 | 0% |
In its most recent public year (2023), this organization brought in $1,680,979 more than it spent. Its reserves stood at about 46.8 months of spending, up from -3.2 in 2011. Staff pay was 0% of spending. $7,202,147 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 Foundation 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