E — Health CareEIN: 210660835

Shore Memorial Hospital

Somers Point, New Jersey

B+Health Score
74B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 1225 peers in Health Care with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.28×
Peer Median0.50×
💰
$242.1M
Total Revenue
📊
$214.4M
Total Expenses
🏦
$273.6M
Net Assets
📋
$57.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-6.7%
Year-over-year change (2022 → 2023)
Net Margin
+11.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.28
Net assets divided by total expenses
Liabilities-to-Assets
17.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$242,052,527↓7%$214,391,243↑2%$330,786,303↓1%
2022$259,330,927↑10%$209,237,761↑5%$334,920,102
2021$235,602,318↑20%$198,391,739↑14%$335,831,463↑10%
2020$197,090,777↓2%$173,820,615↓4%$304,994,274↑10%
2019$200,237,704↑4%$181,220,987↑3%$276,330,185↑2%
2018$191,681,769↑1%$176,131,650$270,432,411↑1%
2017$189,200,155↑9%$175,639,940↑2%$268,014,801↑4%
2016$173,199,656↓5%$172,833,197↓4%$258,598,065↓5%
2015$182,927,135↓3%$180,015,829↓5%$272,000,298↑3%
2014$187,931,641↓8%$188,608,105↓9%$264,620,593↓1%
2013$203,843,499↓4%$207,701,277↓3%$267,189,486↓7%
2012$212,780,859$214,006,505↑5%$288,335,193↓2%
2011$212,361,751$203,025,065$294,764,916

Frequently Asked Questions

What does Shore Memorial Hospital do?▼

Shore Memorial Hospital is a health care nonprofit organization based in New Jersey. It is classified under NTEE code E220 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Shore Memorial Hospital financially healthy?▼

Based on our 9-metric Financial Health Score model, Shore Memorial Hospital has a score of 74/100 (Grade: B+). 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 Shore Memorial Hospital generate?▼

Shore Memorial Hospital reports $267.7M in annual revenue and holds $370.1M in total assets, based on IRS filings.

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