Lawrence and Memorial Hospital INC
New London, Connecticut
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 | $471,777,121↑2% | $464,752,849↑5% | $425,702,458↓7% | — |
| 2022 | $461,794,793↑5% | $442,738,204↑5% | $456,988,884↓9% | — |
| 2021 | $440,849,922↑15% | $419,884,133↑6% | $500,211,474↑9% | — |
| 2020 | $383,580,295↑1% | $394,935,731↑11% | $460,648,797↑12% | — |
| 2019 | $379,401,803↑9% | $357,106,009↑10% | $411,338,982 | — |
| 2018 | $347,355,422↑2% | $325,708,955↑3% | $410,610,409↑1% | — |
| 2017 | $339,617,657↓2% | $317,105,418↓8% | $407,372,281↑16% | — |
| 2016 | $347,315,989↓5% | $344,753,369↓2% | $350,297,218↓5% | — |
| 2015 | $367,512,307↑3% | $350,129,782 | $368,349,831↓7% | — |
| 2014 | $358,293,262↑9% | $348,432,115↑12% | $394,458,671 | — |
| 2013 | $328,897,186↓5% | $312,027,835↓2% | $393,527,817↑7% | — |
| 2012 | $344,571,725↑1% | $318,196,398↑1% | $368,182,035↑4% | — |
| 2011 | $341,933,621 | $314,358,092 | $353,189,046 | — |
Frequently Asked Questions
What does Lawrence and Memorial Hospital INC do?▼
Lawrence and Memorial Hospital INC is a health care nonprofit organization based in Connecticut. It is classified under NTEE code E220 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Lawrence and Memorial Hospital INC financially healthy?▼
Based on our 9-metric Financial Health Score model, Lawrence and Memorial Hospital INC 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 Lawrence and Memorial Hospital INC generate?▼
Lawrence and Memorial Hospital INC reports $501.4M in annual revenue and holds $427.0M in total assets, based on IRS filings.
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