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.
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 | $163,297,902↑45% | $175,476,634↑48% | $578,584,448↑4% | |
| 2022 | $112,809,399↑37% | $118,516,061↑18% | $556,755,508↓4% | — |
| 2021 | $82,620,372↓23% | $100,180,203↑12% | $581,495,247↑13% | — |
| 2020 | $107,648,625↑38% | $89,835,471↑9% | $515,238,317↑5% | — |
| 2019 | $77,803,131↑4% | $82,066,813↑16% | $491,172,846↓7% | — |
| 2018 | $74,955,241↑6% | $70,715,448↓2% | $529,554,123↓9% | — |
| 2017 | $70,729,460↓5% | $72,222,005↓5% | $579,077,720↑113% | — |
| 2016 | $74,180,471↑9% | $76,192,468↑8% | $271,242,265↓3% | — |
| 2015 | $68,171,145↓4% | $70,243,759↓4% | $280,951,548↑15% | — |
| 2014 | $71,139,511↑15% | $73,122,673↑17% | $245,015,648↑11% | — |
| 2013 | $62,114,196↑1% | $62,730,049↑5% | $221,282,146↑35% | — |
| 2012 | $61,410,357↑2% | $59,646,946 | $163,452,152↑18% | — |
| 2011 | $60,164,968 | $59,356,100 | $138,836,542 | — |
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 58/100 (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 Health System generate?▼
Memorial Health System reports $226.8M in annual revenue and holds $619.6M in total assets, based on IRS filings.
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