Memorial Hospital
Providence, Rhode Island
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Critical
How This Organization Compares
Compared to 2 peers in Health Care with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,230,882↓43% | $2,971,784↓89% | $22,201,300↑11% | |
| 2022 | $3,934,364↓54% | $27,036,632↑583% | $20,047,303↓59% | — |
| 2021 | $8,550,332↑405% | $3,956,831↓1% | $49,053,196↑5% | — |
| 2020 | $1,694,622↓64% | $3,980,183↓33% | $46,648,214 | — |
| 2019 | $4,667,962↓87% | $5,926,165↓92% | $46,863,270↓7% | — |
| 2018 | $35,817,207↓69% | $76,937,122↓43% | $50,432,667↑322% | — |
| 2017 | $114,182,915↓10% | $135,055,907↓15% | -$22,720,997↓383% | — |
| 2016 | $127,332,689↓8% | $159,368,407↓3% | $8,022,785↓84% | — |
| 2015 | $137,774,178↓7% | $164,559,763↑5% | $49,637,117↓47% | — |
| 2014 | $148,551,517↓6% | $156,587,254↓19% | $93,159,751↑67% | — |
| 2013 | $158,665,030↓9% | $192,246,186↑3% | $55,728,659↓34% | — |
| 2012 | $173,934,355↓4% | $187,084,993 | $83,812,240↓18% | — |
| 2011 | $181,371,741 | $186,360,559 | $101,761,596 | — |
Frequently Asked Questions
What does Memorial Hospital do?▼
Memorial Hospital is a health care nonprofit organization based in Rhode Island. It is classified under NTEE code E220 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Memorial Hospital financially healthy?▼
Based on our 9-metric Financial Health Score model, Memorial Hospital has a score of 19/100 (Grade: F). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Memorial Hospital generate?▼
Memorial Hospital reports $1.9M in annual revenue and holds $23.2M in total assets, based on IRS filings.
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