Torrance Memorial Medical Center
Torrance, California
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 1225 peers in Health Care with $100M-$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 | $839,794,816 | $790,447,555↑3% | $1,286,888,076↑3% | — |
| 2022 | $838,380,177↑12% | $769,359,648↑8% | $1,248,339,939↓5% | — |
| 2021 | $749,888,639↑6% | $712,103,988↑3% | $1,308,904,790↑1% | — |
| 2020 | $710,062,691↑2% | $688,200,647↑4% | $1,300,118,916↑6% | — |
| 2019 | $698,848,772↑101% | $663,349,296↑101% | $1,223,593,966↑3% | — |
| 2018 | $347,494,432↓48% | $329,876,961↓50% | $1,193,454,518↓1% | — |
| 2017 | $667,355,522↑5% | $653,649,450↑4% | $1,207,830,389↑6% | — |
| 2016 | $633,597,042↑7% | $625,679,944↑7% | $1,141,651,338 | — |
| 2015 | $593,533,718↑9% | $583,782,333↑15% | $1,139,712,049↓3% | — |
| 2014 | $543,785,956↑5% | $506,404,713↑4% | $1,178,506,629↑9% | — |
| 2013 | $515,719,294↑2% | $486,220,415↑3% | $1,077,650,000↑6% | — |
| 2012 | $506,230,326↑4% | $471,376,037↑5% | $1,015,961,578↑8% | — |
| 2011 | $489,105,883 | $448,390,302 | $944,924,955 | — |
Frequently Asked Questions
What does Torrance Memorial Medical Center do?▼
Torrance Memorial Medical Center is a health care nonprofit organization based in California. It is classified under NTEE code E220 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Torrance Memorial Medical Center financially healthy?▼
Based on our 9-metric Financial Health Score model, Torrance Memorial Medical Center has a score of 72/100 (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 Torrance Memorial Medical Center generate?▼
Torrance Memorial Medical Center reports $932.7M in annual revenue and holds $1.4B in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Health Care category, or browse all nonprofits in California.