EHealth CareEIN: 590973502

Memorial Health Systems INC

Daytona Beach, Florida

A-Health Score
76A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 1225 peers in Health Care with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.70×
Peer Median0.50×
💰
$543.8M
Total Revenue
📊
$544.0M
Total Expenses
🏦
$379.0M
Net Assets
📋
$178.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+3.4%
Year-over-year change (2021 → 2022)
Net Margin
-0.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.70
Net assets divided by total expenses
Liabilities-to-Assets
32.0%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2022$543,759,7573%$543,958,75511%$557,347,3109%
2021$526,048,60419%$487,877,21317%$611,778,2956%
2020$441,932,4504%$415,926,7008%$577,707,3167%
2019$424,074,8859%$384,672,0387%$537,666,64011%
2018$387,793,8337%$359,401,2057%$483,170,2371%
2017$361,481,39112%$335,514,38410%$479,867,4384%
2016$323,693,2816%$303,936,8638%$461,959,6471%
2015$305,126,5979%$280,704,2147%$458,612,239
2014$280,283,60310%$261,637,2526%$458,716,5325%
2013$255,596,0802%$246,775,2663%$435,916,1881%
2012$250,184,6636%$239,934,9482%$440,515,9261%
2011$236,233,370$235,718,328$434,016,611

Frequently Asked Questions

What does Memorial Health Systems INC do?

Memorial Health Systems INC is a health care nonprofit organization based in Florida. It is classified under NTEE code E20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Memorial Health Systems INC financially healthy?

Based on our 9-metric Financial Health Score model, Memorial Health Systems INC has a score of 76/100 (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 Systems INC generate?

Memorial Health Systems INC reports $785.8M in annual revenue and holds $752.3M in total assets, based on IRS filings.

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