Licking Memorial Hospital
Newark, Ohio
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
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 | $317,635,537↓4% | $296,497,436↑6% | $189,836,889↓2% | |
| 2022 | $331,971,487↑1% | $278,962,578↑3% | $192,905,009↓2% | — |
| 2021 | $329,143,121↑11% | $271,877,482↑14% | $197,027,298 | — |
| 2020 | $297,094,577↑4% | $239,465,484↑5% | $196,640,246↑12% | — |
| 2019 | $285,617,348↑6% | $227,004,134↑5% | $174,875,817↑5% | — |
| 2018 | $268,857,925↑7% | $216,409,829↑5% | $167,338,286↑1% | — |
| 2017 | $252,268,672↑4% | $206,881,109↑6% | $166,403,938↓4% | — |
| 2016 | $241,851,323↑7% | $195,915,347↑7% | $172,780,718↓2% | — |
| 2015 | $225,630,799↑6% | $183,685,391↑8% | $175,703,832↑7% | — |
| 2014 | $212,452,880↑9% | $170,307,013↑4% | $164,321,316↑14% | — |
| 2013 | $195,402,152↑9% | $163,050,895↑9% | $144,529,962↓2% | — |
| 2012 | $180,077,580↑5% | $149,575,645↑3% | $147,845,017↑6% | — |
| 2011 | $171,541,166 | $144,822,546 | $139,138,337 | — |
Frequently Asked Questions
What does Licking Memorial Hospital do?▼
Licking Memorial Hospital is a health care nonprofit organization based in Ohio. It is classified under NTEE code E220 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Licking Memorial Hospital financially healthy?▼
Based on our 9-metric Financial Health Score model, Licking Memorial Hospital has a score of 63/100 (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 Hospital generate?▼
Licking Memorial Hospital reports $399.2M in annual revenue and holds $228.0M in total assets, based on IRS filings.
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