Memorial Hospital
Toledo, Ohio
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
How This Organization Compares
Compared to 39 peers in Health Care with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $93,890,973↑9% | $78,843,430↓3% | $59,012,522↓9% | — |
| 2022 | $86,272,614↑12% | $80,955,481↑21% | $65,046,432↑2% | — |
| 2021 | $76,771,960↑9% | $66,925,414↑4% | $63,634,005↓4% | — |
| 2020 | $70,540,192 | $64,048,774 | $66,055,660↓45% | — |
| 2019 | $70,448,701↑2% | $64,042,028↑7% | $120,404,973↑16% | — |
| 2018 | $68,737,040↑1% | $60,086,296 | $103,849,310↑4% | — |
| 2017 | $67,869,703↑1% | $60,131,201↑1% | $99,708,245↑8% | — |
| 2016 | $67,105,310↑21% | $59,592,933↑5% | $92,437,698↑4% | — |
| 2015 | $55,407,380↓32% | $56,623,426↓13% | $88,593,330↑7% | — |
| 2014 | $81,313,708↑301% | $64,734,519↑233% | $82,765,686↑11% | — |
| 2013 | $20,297,304↓73% | $19,464,879↓77% | $74,418,202↓1% | — |
| 2013 | $76,447,713↑6% | $85,148,415↑18% | $74,919,772↓1% | — |
| 2012 | $71,985,516↑3% | $72,373,514↑7% | $75,807,861↑10% | — |
| 2011 | $69,626,324 | $67,664,058 | $69,110,710 | — |
Frequently Asked Questions
What does Memorial Hospital do?▼
Memorial Hospital is a health care nonprofit organization based in Ohio. 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 55/100 (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 Memorial Hospital generate?▼
Memorial Hospital reports $94.8M in annual revenue and holds $55.5M in total assets, based on IRS filings.
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