EHealth CareEIN: 350868132

Memorial Hospital of South Bend

South Bend, Indiana

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 1225 peers in Health Care with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.65×
Peer Median0.50×
💰
$730.5M
Total Revenue
📊
$591.8M
Total Expenses
🏦
$382.4M
Net Assets
📋
$285.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+4.9%
Year-over-year change (2022 → 2023)
Net Margin
+19.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.65
Net assets divided by total expenses
Liabilities-to-Assets
42.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$730,542,2485%$591,796,0791%$668,333,73313%
2022$696,580,9412%$597,116,5245%$591,875,9044%
2021$682,301,2659%$571,302,62713%$567,070,1161%
2020$624,134,5323%$505,766,5641%$574,259,1573%
2019$605,429,595$510,026,1915%$554,946,0203%
2018$605,234,69811%$485,573,6077%$538,957,7963%
2017$544,298,2184%$451,820,8592%$522,189,20412%
2016$522,942,0091%$444,772,463$591,066,1476%
2015$528,735,0031%$442,764,204$555,878,904
2014$525,495,7097%$443,328,2838%$553,998,13538%
2013$492,879,42110%$412,288,6743%$895,471,00013%
2012$545,506,82424%$400,730,5577%$795,383,22918%
2011$438,921,181$373,014,407$676,052,791

Frequently Asked Questions

What does Memorial Hospital of South Bend do?

Memorial Hospital of South Bend is a health care nonprofit organization based in Indiana. It is classified under NTEE code E220 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Memorial Hospital of South Bend financially healthy?

Based on our 9-metric Financial Health Score model, Memorial Hospital of South Bend 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 Memorial Hospital of South Bend generate?

Memorial Hospital of South Bend reports $746.8M in annual revenue and holds $678.0M in total assets, based on IRS filings.

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