Memorial Elder Health Services
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 2,789,393 | 3,121,079 | −331,686 | -1.3 | 48% |
| 2020 | 4,375,880 | 4,739,454 | −363,574 | 4.1 | 49% |
| 2021 | 4,311,766 | 4,393,342 | −81,576 | 4.2 | 48% |
| 2022 | 4,902,307 | 5,490,368 | −588,061 | 2.0 | 39% |
| 2023 | 4,377,617 | 5,201,443 | −823,826 | 0.3 | 51% |
In its most recent public year (2023), this organization spent $823,826 more than it brought in. Its reserves stood at about 0.3 months of spending, up from -1.3 in 2019. Staff pay was 51% 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
Memorial Elder Health Services'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