Texas Medical Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 91,476,613 | 72,429,632 | 19,046,981 | 29.6 | 24% |
| 2012 | 93,720,701 | 69,962,148 | 23,758,553 | 34.0 | 25% |
| 2013 | 89,291,666 | 74,128,330 | 15,163,336 | 35.5 | 28% |
| 2014 | 86,322,763 | 66,327,007 | 19,995,756 | 45.2 | 21% |
| 2015 | 107,202,955 | 75,774,572 | 31,428,383 | 40.6 | 22% |
| 2016 | 95,281,983 | 69,476,047 | 25,805,936 | 49.9 | 19% |
| 2017 | 97,600,271 | 74,599,054 | 23,001,217 | 52.5 | 19% |
| 2018 | 108,466,011 | 66,147,427 | 42,318,584 | 62.0 | 14% |
| 2019 | 112,738,455 | 73,479,200 | 39,259,255 | 65.8 | 11% |
| 2020 | 122,868,358 | 95,728,185 | 27,140,173 | 58.0 | 11% |
| 2021 | 103,358,292 | 75,977,414 | 27,380,878 | 81.3 | 17% |
| 2022 | 108,399,620 | 87,827,153 | 20,572,467 | 76.2 | 16% |
| 2023 | 127,663,247 | 98,774,585 | 28,888,662 | 74.9 | 19% |
In its most recent public year (2023), this organization brought in $28,888,662 more than it spent. Its reserves stood at about 74.9 months of spending, up from 29.6 in 2011. Staff pay was 19% of spending. $9,011,224 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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