Memorial Hospital Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 378,877 | 329,742 | 49,135 | 515.0 | 0% |
| 2011 | 1,425,349 | 777,972 | 647,377 | 219.6 | 37% |
| 2012 | 1,618,857 | 1,283,007 | 335,850 | 141.3 | 25% |
| 2013 | 2,346,571 | 2,822,996 | −476,425 | 62.3 | 10% |
| 2014 | 2,184,490 | 2,037,019 | 147,471 | 83.2 | 16% |
| 2015 | 1,412,712 | 1,870,559 | −457,847 | 80.3 | 16% |
| 2016 | 1,097,319 | 1,417,247 | −319,928 | 108.4 | 14% |
| 2017 | 2,481,291 | 2,162,220 | 319,071 | 80.4 | 15% |
| 2018 | 3,204,752 | 1,523,589 | 1,681,163 | 108.1 | 24% |
| 2019 | 2,310,974 | 1,968,492 | 342,482 | 92.6 | 13% |
| 2020 | 2,727,516 | 2,346,791 | 380,725 | 86.8 | 17% |
| 2021 | 5,349,470 | 2,741,484 | 2,607,986 | 88.0 | 12% |
| 2022 | 3,436,685 | 1,356,097 | 2,080,588 | 179.7 | 24% |
| 2023 | 2,984,723 | 3,722,448 | −737,725 | 68.5 | 8% |
In its most recent public year (2023), this organization spent $737,725 more than it brought in. Its reserves stood at about 68.5 months of spending, down from 515 in 2010. Staff pay was 8% of spending. $3,500,132 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
Memorial Hospital Foundation'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