Howard Memorial Hospital Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 106,649 | 24,137 | 82,512 | 257.8 | 0% |
| 2011 | 143,625 | 227,012 | −83,387 | 22.4 | 0% |
| 2012 | 145,067 | 47,701 | 97,366 | 131.2 | 0% |
| 2013 | 148,277 | 16,431 | 131,846 | 477.2 | 0% |
| 2014 | 240,364 | 111,713 | 128,651 | 84.0 | 44% |
| 2015 | 218,364 | 156,830 | 61,534 | 71.9 | 32% |
| 2016 | 147,172 | 117,259 | 29,913 | 100.7 | 20% |
| 2017 | 160,739 | 110,737 | 50,002 | 114.1 | 24% |
| 2018 | 163,298 | 126,823 | 36,475 | 102.2 | 17% |
| 2019 | 174,106 | 120,337 | 53,769 | 112.5 | 23% |
| 2020 | 167,429 | 104,633 | 62,796 | 136.9 | 9% |
| 2021 | 191,942 | 81,925 | 110,017 | 184.9 | 0% |
| 2022 | 108,618 | 70,706 | 37,912 | 203.5 | 0% |
| 2023 | 172,837 | 46,245 | 126,592 | 356.7 | 0% |
In its most recent public year (2023), this organization brought in $126,592 more than it spent. Its reserves stood at about 356.7 months of spending, up from 257.8 in 2010. Staff pay was 0% of spending. $159,022 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
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