Hospice Of Midland Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 5,868,413 | 6,676,795 | −808,382 | 0.6 | 53% |
| 2013 | 5,087,709 | 5,127,087 | −39,378 | 0.7 | 57% |
| 2014 | 4,440,521 | 4,131,661 | 308,860 | 1.8 | 53% |
| 2015 | 4,819,831 | 4,229,026 | 590,805 | 3.4 | 54% |
| 2016 | 5,372,350 | 4,159,577 | 1,212,773 | 6.9 | 58% |
| 2017 | 5,490,528 | 5,110,503 | 380,025 | 6.5 | 54% |
| 2018 | 5,387,221 | 5,464,245 | −77,024 | 5.9 | 58% |
| 2019 | 5,843,550 | 6,121,960 | −278,410 | 4.7 | 51% |
| 2020 | 6,451,518 | 5,576,215 | 875,303 | 7.1 | 60% |
| 2021 | 6,980,948 | 5,876,609 | 1,104,339 | 9.0 | 55% |
| 2022 | 8,646,353 | 7,985,915 | 660,438 | 7.6 | 40% |
| 2023 | 7,696,916 | 7,584,514 | 112,402 | 8.2 | 46% |
In its most recent public year (2023), this organization brought in $112,402 more than it spent. Its reserves stood at about 8.2 months of spending, up from 0.6 in 2012. Staff pay was 46% of spending. $603,108 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
Hospice Of Midland Incorporated'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