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Health Care (E220) 990 on File

LICKING MEMORIAL HOSPITAL

EIN: 31-4379519 · NEWARK, OH 43055-1822 · United States · FY 2024 Data
3 out of 5 57 / 100 Based on 2+ years of filings
Financial strength (30%) 78/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$399.2M
Total Revenue
$325.7M
Total Expenses
$143.0M
Net Assets
2387
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 93.5%
Fundraising Efficiency N/A
Operating Reserve 5.27x
Liability-to-Asset 37.3%
Revenue Diversification 97.8%
Executive Compensation $1.6M
Compared with Peers
FY 2024
Compared with 938 similar organizations (United States, Health Care, $100M and over in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
93.5% 87.7%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
6.5% 12.3%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
5.3 mo 6.1 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
37.3% 44.5%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
97.8% 96.4%
P10P90
Below median
Revenue growth
Year over year revenue growth
25.7% 9.1%
P10P90
Expense growth
Year over year expense growth
9.9% 7.8%
P10P90
Surplus margin
Surplus as a share of revenue
18.4% 2.5%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $399.2M $325.7M $143.0M 93.5% 2387
2023 $317.6M $296.5M $130.5M 93.6% 1988
2022 $332.0M $279.0M $121.6M 94.3% 2237
2021 $329.1M $271.9M N/A — 2111
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Organization Details
EIN
31-4379519
State
OH
City
NEWARK
ZIP
43055-1822
Classification
E220
Category
Health Care
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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