Memorial Health System
Springfield, 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 93 peers in Unclassified with >$1B revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,513,989,654↓2% | $1,557,786,987↓1% | $1,860,250,872↑2% | |
| 2022 | $1,546,371,720↑7% | $1,576,823,533↑17% | $1,831,583,919↓13% | — |
| 2021 | $1,442,955,425↑4% | $1,343,413,793↓2% | $2,109,400,352↑8% | — |
| 2020 | $1,384,680,779↑31% | $1,366,382,937↑35% | $1,959,133,277↑35% | — |
| 2019 | $1,053,969,669↓1% | $1,010,025,509↑5% | $1,448,446,551↑1% | — |
| 2018 | $1,060,411,171↑5% | $964,792,454↑1% | $1,433,434,091↑4% | — |
| 2017 | $1,012,866,290 | $954,316,649↓1% | $1,375,133,634↑4% | — |
| 2016 | $1,008,232,953↑16% | $968,223,889↑21% | $1,325,701,893↑18% | — |
| 2015 | $869,105,183↑7% | $798,717,240↑7% | $1,121,136,340↑7% | — |
| 2014 | $812,581,143↑6% | $743,963,482↑4% | $1,045,885,419↑12% | — |
| 2013 | $770,035,009 | $717,417,264↑2% | $935,250,593↑10% | — |
| 2012 | $772,102,280↑6% | $706,552,788 | $853,047,900↑6% | — |
| 2011 | $730,577,736 | $705,318,496 | $802,781,836 | — |
Frequently Asked Questions
What does Memorial Health System do?▼
Memorial Health System is a unclassified nonprofit organization based in Illinois. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Memorial Health System financially healthy?▼
Based on our 9-metric Financial Health Score model, Memorial Health System 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 Health System generate?▼
Memorial Health System reports $1.6B in annual revenue and holds $2.0B in total assets, based on IRS filings.
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