Methodist Retirement Communities
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,135,452 | 1,601,447 | 534,005 | 35.7 | 60% |
| 2012 | 2,032,521 | 1,906,820 | 125,701 | 31.5 | 55% |
| 2013 | 2,285,946 | 2,254,818 | 31,128 | 20.4 | 58% |
| 2014 | 3,487,356 | 2,371,520 | 1,115,836 | 25.1 | 60% |
| 2015 | 2,756,888 | 2,310,866 | 446,022 | 28.0 | 60% |
| 2016 | 3,527,591 | 2,680,146 | 847,445 | 28.1 | 63% |
| 2017 | 4,178,400 | 3,023,358 | 1,155,042 | 29.5 | 59% |
| 2018 | 3,549,231 | 3,482,053 | 67,178 | 25.8 | 56% |
| 2019 | 3,874,400 | 4,270,537 | −396,137 | 19.9 | 56% |
| 2020 | 3,954,326 | 4,240,484 | −286,158 | 22.0 | 58% |
| 2021 | 4,102,509 | 4,497,447 | −394,938 | 19.8 | 66% |
| 2022 | 8,582,800 | 4,976,440 | 3,606,360 | 26.2 | 63% |
| 2023 | 6,183,819 | 5,427,023 | 756,796 | 26.0 | 66% |
In its most recent public year (2023), this organization brought in $756,796 more than it spent. Its reserves stood at about 26 months of spending, down from 35.7 in 2011. Staff pay was 66% of spending.
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
Methodist Retirement Communities'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