EHealth CareEIN: 311096217· Ruling Year: 1984

Licking Memorial Health Foundation

Newark, Ohio

B+Health Score
69B+

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 39 peers in Health Care with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org28.21×
Peer Median8.62×
💰
$8.4M
Total Revenue
📊
$5.3M
Total Expenses
🏦
$148.7M
Net Assets
📋
$10.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+65.8%
Year-over-year change (2022 → 2023)
Net Margin
+37.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
28.21
Net assets divided by total expenses
Liabilities-to-Assets
6.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$8,361,82566%$5,270,2345%$158,715,90211%
2022$5,044,06762%$5,002,4555%$142,765,26712%
2021$13,234,487112%$4,748,70714%$162,095,23611%
2020$6,252,4596%$4,149,551$146,358,5242%
2019$6,643,3004%$4,157,07414%$143,177,40515%
2018$6,898,33639%$3,660,10113%$124,086,659
2017$11,282,34894%$3,236,16614%$124,196,25117%
2016$5,822,95536%$2,847,18921%$106,062,13720%
2015$4,294,5112%$2,362,3548%$88,567,6274%
2014$4,201,6467%$2,181,30411%$85,207,01010%
2013$3,922,88629%$1,972,93012%$77,532,91512%
2012$3,046,6438%$1,759,1679%$69,413,71714%
2011$2,819,068$1,614,678$60,878,048

Frequently Asked Questions

What does Licking Memorial Health Foundation do?

Licking Memorial Health Foundation is a health care nonprofit organization based in Ohio. It is classified under NTEE code E110 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Licking Memorial Health Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Licking Memorial Health Foundation has a score of 69/100 (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 Licking Memorial Health Foundation generate?

Licking Memorial Health Foundation reports $20.7M in annual revenue and holds $176.4M in total assets, based on IRS filings.

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