Memorial Hospital
Owosso, Michigan
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)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $298,580,876↑16% | $292,464,445↑10% | $196,134,747↑3% | |
| 2022 | $257,101,163↑4% | $266,779,557↑7% | $191,179,125↓13% | — |
| 2021 | $246,067,471↑8% | $250,455,649↑12% | $220,221,745↓3% | — |
| 2020 | $227,898,394↑5% | $223,646,513↑11% | $227,811,494↑46% | — |
| 2019 | $217,789,484↑17% | $202,026,538↑14% | $155,656,152↑12% | — |
| 2018 | $186,879,741↑26% | $176,621,364↑22% | $139,002,846↑3% | — |
| 2017 | $148,379,109↑12% | $144,373,427↑8% | $134,533,060↑9% | — |
| 2016 | $132,863,472↑6% | $133,814,354↑8% | $123,741,956↓1% | — |
| 2015 | $125,546,154↑9% | $124,077,273↑5% | $124,608,509↑1% | — |
| 2014 | $115,376,102 | $118,114,516↑4% | $123,448,319↓1% | — |
| 2013 | $115,263,735 | $113,087,503↑3% | $124,885,441↑6% | — |
| 2012 | $115,692,015↑8% | $109,401,004↑10% | $117,721,017↑8% | — |
| 2011 | $107,132,501 | $99,284,795 | $109,034,835 | — |
Frequently Asked Questions
What does Memorial Hospital do?▼
Memorial Hospital is a health care nonprofit organization based in Michigan. It is classified under NTEE code E220 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Memorial Hospital financially healthy?▼
Based on our 9-metric Financial Health Score model, Memorial Hospital 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 generate?▼
Memorial Hospital reports $352.4M in annual revenue and holds $215.1M in total assets, based on IRS filings.
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