Memorial Hospital Association
Carthage, Illinois
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 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 | $50,471,561↑9% | $48,099,140↑9% | $50,796,946↑6% | — |
| 2022 | $46,345,159↓5% | $44,022,472↑15% | $47,754,183↓4% | — |
| 2021 | $48,835,802↑47% | $38,192,631↑19% | $49,952,153↑13% | — |
| 2020 | $33,306,049↑10% | $32,046,263↑5% | $44,299,401↑23% | — |
| 2019 | $30,188,415↑129% | $30,518,930↑102% | $35,871,886↓2% | — |
| 2018 | $13,178,613↓55% | $15,143,833↓49% | $36,656,456↓6% | — |
| 2018 | $29,260,463↑5% | $29,619,804↑3% | $39,041,958↓6% | — |
| 2017 | $27,934,484↑11% | $28,819,771↑14% | $41,443,761↑7% | — |
| 2016 | $25,174,005↑5% | $25,244,810↑8% | $38,814,625↓4% | — |
| 2015 | $24,004,549↑3% | $23,429,043↑4% | $40,236,205↑14% | — |
| 2014 | $23,268,035↑6% | $22,420,427↑7% | $35,319,847↑2% | — |
| 2013 | $22,009,086↑5% | $21,035,902↑2% | $34,501,096↑1% | — |
| 2012 | $20,934,446↑6% | $20,540,008↑5% | $34,024,764 | — |
| 2011 | $19,685,582 | $19,521,756 | $34,046,684 | — |
Frequently Asked Questions
What does Memorial Hospital Association do?▼
Memorial Hospital Association is a health care nonprofit organization based in Illinois. It is classified under NTEE code E22 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Memorial Hospital Association financially healthy?▼
Based on our 9-metric Financial Health Score model, Memorial Hospital Association has a score of 67/100 (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 Association generate?▼
Memorial Hospital Association reports $54.5M in annual revenue and holds $49.5M in total assets, based on IRS filings.
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