E — Health CareEIN: 060646718

Middlesex Hospital

Middletown, Connecticut

B+Health Score
72B+

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)

This Org0.84×
Peer Median0.50×
💰
$512.6M
Total Revenue
📊
$485.7M
Total Expenses
🏦
$408.7M
Net Assets
📋
$148.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+5.8%
Year-over-year change (2022 → 2023)
Net Margin
+5.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.84
Net assets divided by total expenses
Liabilities-to-Assets
26.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$512,639,238↑6%$485,711,932↑7%$557,504,992↑2%
2022$484,471,218↑4%$455,782,472↑4%$546,749,767↓13%
2021$466,024,134↑5%$440,368,727↑5%$628,027,463↑1%
2020$444,816,688↓2%$419,235,331↑2%$619,190,364↑17%
2019$452,671,267$410,004,757↑2%$528,880,049↑4%
2018$451,390,925↑8%$403,345,263↑7%$508,825,625↑8%
2017$416,112,322↑3%$375,506,397$471,471,154↑3%
2016$405,768,597↑7%$373,879,104↑1%$457,928,368↓3%
2015$380,077,039↓1%$371,405,037↑6%$470,017,750↓3%
2014$383,937,164↑4%$349,563,778↑1%$483,811,000↑5%
2013$369,588,316↑1%$345,789,354↑2%$460,311,000↑5%
2012$367,354,510↑4%$338,084,673↑1%$440,085,000↑9%
2011$353,360,817$334,946,465$402,626,000

Frequently Asked Questions

What does Middlesex Hospital do?▼

Middlesex Hospital 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 Middlesex Hospital financially healthy?▼

Based on our 9-metric Financial Health Score model, Middlesex Hospital 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 Middlesex Hospital generate?▼

Middlesex Hospital reports $539.7M in annual revenue and holds $614.1M in total assets, based on IRS filings.

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