E — Health CareEIN: 520591685

Union Memorial Hospital

Baltimore, Maryland

B-Health Score
50B-

Financial Health Score

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

Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org0.42×
Peer Median0.50×
💰
$439.4M
Total Revenue
📊
$444.7M
Total Expenses
🏦
$185.8M
Net Assets
📋
$59.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+6.1%
Year-over-year change (2022 → 2023)
Net Margin
-1.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.42
Net assets divided by total expenses
Liabilities-to-Assets
24.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$439,362,314↑6%$444,743,707↑2%$245,407,770
2022$413,942,590↓11%$434,424,577↓8%$246,090,994
2021$463,660,002↑4%$469,877,188↑9%$246,794,667
2020$446,099,551↑1%$430,607,285↓4%$247,110,659↑10%
2019$440,152,905↓5%$448,354,421$223,991,566↑5%
2018$462,120,428$450,039,532↑1%$212,486,372↑6%
2017$463,029,985↑4%$447,784,782↑3%$200,739,664↓1%
2016$444,758,507$436,265,470↑1%$202,424,790↓7%
2015$446,746,357↑4%$431,687,335↑6%$218,226,883↓1%
2014$427,554,779↑5%$406,992,899↓1%$220,337,394↑3%
2013$408,795,871↓5%$410,098,333↓3%$214,664,736↓1%
2012$431,983,619↑1%$424,513,587↑3%$217,554,317
2011$428,030,380$410,558,316$216,750,899

Frequently Asked Questions

What does Union Memorial Hospital do?▼

Union Memorial Hospital 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 Union Memorial Hospital financially healthy?▼

Based on our 9-metric Financial Health Score model, Union Memorial Hospital has a score of 50/100 (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 Union Memorial Hospital generate?▼

Union Memorial Hospital reports $446.2M in annual revenue and holds $257.1M in total assets, based on IRS filings.

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