EHealth CareEIN: 520591484

Harford Memorial Hospital INC

Linthicum Heights, Maryland

B+Health Score
67B+

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)

This Org1.62×
Peer Median8.62×
💰
$107.5M
Total Revenue
📊
$104.7M
Total Expenses
🏦
$169.4M
Net Assets
📋
$18.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-14.4%
Year-over-year change (2022 → 2023)
Net Margin
+2.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.62
Net assets divided by total expenses
Liabilities-to-Assets
9.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$107,516,39714%$104,660,2463%$188,069,7483%
2022$125,594,03518%$108,183,5977%$182,647,92912%
2021$106,374,3129%$100,771,9489%$207,030,1911%
2020$97,757,5912%$92,798,3371%$204,952,59036%
2019$100,053,9294%$94,188,5902%$150,320,1201%
2018$96,645,9581%$92,655,3883%$149,494,6201%
2017$97,487,9143%$89,722,3483%$148,173,75513%
2016$100,643,6661%$86,843,5781%$131,371,1341%
2015$99,725,270111%$85,852,615104%$132,127,914
2014$47,288,32650%$42,182,44752%$132,636,5675%
2013$93,776,6605%$88,213,5684%$126,242,2101%
2012$98,803,1132%$92,212,3793%$127,058,0747%
2011$97,157,137$89,180,460$118,861,732

Frequently Asked Questions

What does Harford Memorial Hospital INC do?

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

Is Harford Memorial Hospital INC financially healthy?

Based on our 9-metric Financial Health Score model, Harford Memorial Hospital INC 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 Harford Memorial Hospital INC generate?

Harford Memorial Hospital INC reports $58.4M in annual revenue and holds $148.0M in total assets, based on IRS filings.

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