Memorial Health System
Springfield, Illinois
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Excellent
How This Organization Compares
Compared to 39 peers in Health Care with $10M-$100M 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 | $19,089,437↑6% | $19,755,247↑12% | $19,652,884↓1% | — |
| 2022 | $17,926,718↑32% | $17,656,947↑39% | $19,820,134↓14% | — |
| 2021 | $13,590,032↓1% | $12,716,942↓3% | $23,178,318↑17% | — |
| 2020 | $13,739,166↑1% | $13,056,431↓3% | $19,762,092↑4% | — |
| 2019 | $13,622,972↓10% | $13,509,905↑1% | $18,990,586↑3% | — |
| 2018 | $15,112,511↑3% | $13,357,651↓10% | $18,495,151↑3% | — |
| 2017 | $14,618,228 | $14,876,676↓3% | $17,934,855↓1% | — |
| 2016 | $14,674,843↑15% | $15,280,349↑10% | $18,068,252 | — |
| 2015 | $12,775,882↓7% | $13,907,901↑5% | $18,047,745↓8% | — |
| 2014 | $13,746,748↑2% | $13,269,529↑3% | $19,689,842↑4% | — |
| 2013 | $13,489,913↑2% | $12,908,496↑3% | $18,969,078↑3% | — |
| 2012 | $13,172,660↓2% | $12,522,486↓1% | $18,339,397↑2% | — |
| 2011 | $13,381,974 | $12,713,167 | $18,012,448 | — |
Frequently Asked Questions
What does Memorial Health System do?▼
Memorial Health System is a health care nonprofit organization based in Illinois. It is classified under NTEE code E21 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Memorial Health System financially healthy?▼
Based on our 9-metric Financial Health Score model, Memorial Health System has a score of 87/100 (Grade: A). 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 Health System generate?▼
Memorial Health System reports $16.3M in annual revenue and holds $23.2M in total assets, based on IRS filings.
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