Richmond Medical Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 316,122,730 | 297,374,817 | 18,747,913 | 0.8 | 48% |
| 2012 | 313,397,751 | 307,570,160 | 5,827,591 | 0.9 | 47% |
| 2013 | 287,183,060 | 276,441,573 | 10,741,487 | 1.5 | 50% |
| 2014 | 307,607,025 | 293,052,893 | 14,554,132 | 1.9 | 46% |
| 2015 | 312,436,280 | 304,307,674 | 8,128,606 | 2.2 | 48% |
| 2016 | 336,776,054 | 325,860,938 | 10,915,116 | 2.6 | 48% |
| 2017 | 351,374,071 | 340,712,351 | 10,661,720 | 2.8 | 48% |
| 2018 | 356,924,393 | 342,862,042 | 14,062,351 | 3.2 | 48% |
| 2019 | 359,868,185 | 369,874,729 | −10,006,544 | 2.4 | 49% |
| 2020 | 368,556,560 | 380,309,162 | −11,752,602 | 1.6 | 49% |
| 2021 | 376,664,767 | 381,251,680 | −4,586,913 | 2.7 | 49% |
| 2022 | 419,376,283 | 398,412,629 | 20,963,654 | 5.1 | 51% |
| 2023 | 436,285,793 | 452,422,497 | −16,136,704 | 4.7 | 50% |
In its most recent public year (2023), this organization spent $16,136,704 more than it brought in. Its reserves stood at about 4.7 months of spending, up from 0.8 in 2011. Staff pay was 50% of spending. $71,301,587 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
Richmond Medical Center'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