Bakersfield Memorial Hospital Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 6,436,650 | 2,029,404 | 4,407,246 | 43.2 | 15% |
| 2013 | 1,829,140 | 1,655,762 | 173,378 | 55.1 | 17% |
| 2014 | 2,933,355 | 3,459,714 | −526,359 | 25.0 | 8% |
| 2015 | 2,812,503 | 1,973,534 | 838,969 | 48.4 | 15% |
| 2016 | 2,536,332 | 2,729,731 | −193,399 | 33.7 | 12% |
| 2017 | 3,088,754 | 2,793,571 | 295,183 | 35.1 | 10% |
| 2018 | 2,021,587 | 2,999,829 | −978,242 | 30.1 | 12% |
| 2019 | 2,607,470 | 4,184,916 | −1,577,446 | 16.3 | 8% |
| 2020 | 2,976,881 | 3,577,119 | −600,238 | 16.9 | 10% |
| 2021 | 2,592,432 | 1,846,702 | 745,730 | 38.7 | 19% |
| 2022 | 2,763,258 | 1,934,801 | 828,457 | 40.8 | 15% |
| 2023 | 4,511,830 | 1,927,439 | 2,584,391 | 57.4 | 10% |
| 2024 | 6,795,367 | 2,552,976 | 4,242,391 | 64.0 | 8% |
In its most recent public year (2024), this organization brought in $4,242,391 more than it spent. Its reserves stood at about 64 months of spending, up from 43.2 in 2012. Staff pay was 8% of spending. $11,378,433 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 2024. 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
Bakersfield Memorial Hospital Foundation's IRS filings as a feed — one entry per filing year, through 2024. 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