Montrose Memorial Hospital
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 14,285,825 | 12,990,292 | 1,295,533 | 46.7 | 35% |
| 2012 | 81,515,956 | 80,511,037 | 1,004,919 | 7.7 | 32% |
| 2013 | 83,461,317 | 81,345,935 | 2,115,382 | 7.9 | 34% |
| 2014 | 91,907,074 | 86,331,399 | 5,575,675 | 8.2 | 34% |
| 2015 | 98,056,953 | 91,927,470 | 6,129,483 | 8.5 | 35% |
| 2016 | 104,869,996 | 103,902,227 | 967,769 | 7.6 | 36% |
| 2017 | 109,000,646 | 112,350,566 | −3,349,920 | 6.6 | 35% |
| 2018 | 120,017,147 | 114,874,797 | 5,142,350 | 7.0 | 34% |
| 2019 | 129,636,787 | 118,314,276 | 11,322,511 | 8.0 | 36% |
| 2020 | 137,044,245 | 123,184,700 | 13,859,545 | 9.1 | 36% |
| 2021 | 152,320,491 | 134,862,155 | 17,458,336 | 9.7 | 37% |
| 2022 | 158,251,644 | 148,364,011 | 9,887,633 | 9.4 | 37% |
| 2023 | 174,821,714 | 161,934,979 | 12,886,735 | 9.6 | 35% |
In its most recent public year (2023), this organization brought in $12,886,735 more than it spent. Its reserves stood at about 9.6 months of spending, down from 46.7 in 2011. Staff pay was 35% of spending. $420,463 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
Montrose Memorial Hospital'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