E — Health CareEIN: 362181997

Freeport Memorial Hospital

Freeport, Illinois

B+Health Score
66B+

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 Org0.46×
Peer Median0.50×
💰
$175.4M
Total Revenue
📊
$154.1M
Total Expenses
🏦
$70.6M
Net Assets
📋
$31.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+3.8%
Year-over-year change (2022 → 2023)
Net Margin
+12.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.46
Net assets divided by total expenses
Liabilities-to-Assets
30.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$175,350,247↑4%$154,123,019↑1%$101,724,533↓5%
2022$168,885,534↓1%$152,350,876↑10%$106,715,723↓16%
2021$169,840,576↑4%$138,980,643↑7%$127,271,445↑2%
2020$163,062,274↑3%$130,297,402↓2%$124,710,345↑25%
2019$157,673,978↑1%$133,086,703↑3%$100,084,813
2018$155,803,811↑10%$128,619,991↑7%$99,601,603
2017$141,512,963↑4%$119,790,890↓12%$99,530,948↑36%
2016$136,474,439$136,256,770↑24%$73,154,862↓16%
2015$136,501,331↓2%$110,135,685↓1%$87,094,468↑8%
2014$139,470,387↓2%$110,811,437↓3%$80,290,021↑1%
2013$141,781,184↑6%$114,122,168↑6%$79,575,417↑8%
2012$133,864,769↑7%$107,283,036↓1%$73,410,812↑3%
2011$125,486,394$108,878,058$71,249,362

Frequently Asked Questions

What does Freeport Memorial Hospital do?▼

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

Is Freeport Memorial Hospital financially healthy?▼

Based on our 9-metric Financial Health Score model, Freeport Memorial Hospital has a score of 66/100 (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 Freeport Memorial Hospital generate?▼

Freeport Memorial Hospital reports $169.5M in annual revenue and holds $89.4M in total assets, based on IRS filings.

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