EHealth CareEIN: 420932564

Hegg Memorial Hospital

Sioux Falls, South Dakota

BHealth Score
63B

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 39 peers in Health Care with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.37×
Peer Median8.62×
💰
$26.2M
Total Revenue
📊
$26.2M
Total Expenses
🏦
$35.9M
Net Assets
📋
$18.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+0.8%
Year-over-year change (2022 → 2023)
Net Margin
-0.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.37
Net assets divided by total expenses
Liabilities-to-Assets
34.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$26,212,7991%$26,241,9342%$54,683,761
2022$25,994,18417%$25,675,0514%$54,600,7764%
2021$31,451,90035%$24,661,1024%$56,653,0834%
2020$23,283,4283%$23,820,5506%$54,454,80611%
2019$22,659,40610%$22,485,97411%$49,256,5177%
2018$20,618,1319%$20,289,71710%$46,156,60826%
2017$18,973,59314%$18,519,395$36,609,88932%
2016$21,977,25614%$18,532,1695%$27,691,2073%
2015$19,261,2475%$17,580,7333%$26,763,31010%
2014$18,266,7462%$17,142,9704%$24,378,3474%
2013$17,896,6564%$16,454,4705%$23,492,7231%
2012$17,266,1584%$15,636,2977%$23,686,45510%
2011$16,565,783$14,556,024$21,505,824

Frequently Asked Questions

What does Hegg Memorial Hospital do?

Hegg Memorial Hospital is a health care nonprofit organization based in South Dakota. It is classified under NTEE code E22Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Hegg Memorial Hospital financially healthy?

Based on our 9-metric Financial Health Score model, Hegg Memorial Hospital has a score of 63/100 (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 Hegg Memorial Hospital generate?

Hegg Memorial Hospital reports $30.7M in annual revenue and holds $58.7M in total assets, based on IRS filings.

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