Health Care
(E122)
990 on File
MEMORIAL HEALTH SERVICES
Financial strength (30%)
54/100
Reliability (20%)
50/100
Effectiveness (25%)
58/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$422.1M
Total Revenue
$336.6M
Total Expenses
$873.7M
Net Assets
1167
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
42.8%
Fundraising Efficiency
N/A
Operating Reserve
31.15x
Liability-to-Asset
73.4%
Revenue Diversification
59.4%
Executive Compensation
$24.3M
Compared with Peers
FY 2023
Compared with 1,811 similar organizations
(United States, Health Care, $100M and over in expenses), FY 2023.
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
|
42.8% | 87.3% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
57.2% | 12.7% |
P10P90
|
Bottom 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
|
31.2 mo | 6.0 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
73.4% | 46.1% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
59.4% | 96.8% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
2.5% | 6.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
5.3% | 6.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
20.3% | 1.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $422.1M | $336.6M | $873.7M | 42.8% | 1167 |
| 2022 | $411.8M | $319.5M | $777.9M | 53.1% | 1060 |
| 2021 | $315.5M | $304.5M | N/A | — | 1046 |
| 2020 | $283.8M | $324.0M | N/A | — | 1069 |
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