Memorial Health System
Only null% goes to programs Strong reserves Growing revenue
Memorial Health System is a 501(c)(3) organization based in Springfield, Illinois, registered in 2010, with $19,103,196 in FY2023 revenue. CharityIndex grades it B.
701 N 1st St, Springfield, IL, 62781 EIN 37-0646367 Since 2010
Revenue (FY2023)
$19.1M
▲ 0.1% vs prior year
Health median: $840K
Expenses (FY2023)
$17.7M
Net assets
$20.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Memorial Health System— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating14 mo reserves · +7% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Memorial Health System: 14 mo reserves · +7% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Memorial Health System— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Memorial Health System: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 701 N 1st St, Springfield, IL, 62781
- City
- Springfield
- State
- Illinois
- Category
- Health Care
- Subcategory
- Hospitals
- Website
- …
Financial trends
Revenue grew from $13.7M (FY2013) to $19.1M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $1.7MNet assets $20.3M
Operating margin
7.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$22.0M
Total liabilities
$1.7M
Net assets
$20.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $19,103,196▲0.1% | $17,734,478▼10.2% | $20,262,164▲14.2% | $21,988,785▲11.9% | 990 |
| 2022 | $19,089,437▲6.5% | $19,755,247▲11.9% | $17,744,201▲0.4% | $19,652,884▼0.8% | 990 |
| 2021 | $17,926,718▲31.9% | $17,656,947▲38.8% | $17,676,382▼17.5% | $19,820,134▼14.5% | 990 |
| 2020 | $13,590,032▼1.1% | $12,716,942▼2.6% | $21,432,855▲18.1% | $23,178,318▲17.3% | 990 |
| 2019 | $13,739,166▲0.9% | $13,056,431▼3.4% | $18,154,896▲6.0% | $19,762,092▲4.1% | 990 |
| 2018 | $13,622,972▼9.9% | $13,509,905▲1.1% | $17,126,472▲2.5% | $18,990,586▲2.7% | 990 |
| 2017 | $15,112,511▲3.4% | $13,357,651▼10.2% | $16,713,353▲4.6% | $18,495,151▲3.1% | 990 |
| 2016 | $14,618,228▼0.4% | $14,876,676▼2.6% | $15,976,244▼2.0% | $17,934,855▼0.7% | 990 |
| 2015 | $14,674,843▲14.9% | $15,280,349▲9.9% | $16,301,924▼3.4% | $18,068,252▲0.1% | 990 |
| 2014 | $12,775,882▼7.1% | $13,907,901▲4.8% | $16,880,402▼6.9% | $18,047,745▼8.3% | 990 |
| 2013 | $13,746,748 | $13,269,529▲2.8% | $18,139,176▲3.7% | $19,689,842▲3.8% | 990 |
| 2012 | — | $12,908,496▲3.1% | $17,487,969▲2.9% | $18,969,078▲3.4% | 990 |
| 2011 | — | $12,522,486▼1.5% | $16,991,157▲4.0% | $18,339,397▲1.8% | 990 |
| 2010 | — | $12,713,167▲0.5% | $16,330,873▲4.7% | $18,012,448▲6.6% | 990 |
| 2009 | — | $12,643,978 | $15,591,758 | $16,893,941 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $2.0M total
14 grants to Memorial Health System totaling $2.0M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Memorial Health System | See part iv general support and mosaic program to provide children's mental health services by increasing the number of behavioral health clinicians serving springfield 186 schools. community outreach and engagement team (coet) to respond to crisis calls with siu medicine and the springfield police department. crisis call center equipment. | 2023 | $210,576 |
| Memorial Health System | See part iv general support and mosaic program to provide children's mental health services by increasing the number of behavioral health clinicians serving springfield 186 schools. community outreach and engagement team (coet) to respond to crisis calls with siu medicine and the springfield police department. crisis call center equipment. | 2022 | $270,209 |
| Memorial Health System | See part iv general support and mosaic program to provide children's mental health services by increasing the number of behavioral health clinicians serving springfield 186 schools. community outreach and engagement team (coet) to respond to crisis calls with siu medicine and the springfield police department. crisis call center equipment. | 2021 | $296,171 |
| Memorial Health System | See part iv provide general support, mosaic program to provide children's mental health services by increasing the number of behavioral health clinicians serving springfield 186 schools, and community outreach and engagement team (coet) to respond to crisis calls with siu medicine and the springfield police department. | 2020 | $241,294 |
| Memorial Health System | See part iv provide general support, mosaic program to provide children's mental health services by increasing the number of behavioral health clinicians serving springfield 186 schools, and community outreach and engagement team (coet) to respond to crisis calls with siu medicine and the springfield police department. | 2019 | $251,423 |
| Memorial Health System | See part ivprovide general support, mosaic program to provide children's mental health services by increasing the number of behavioral health clinicians serving springfield 186 schools, and community outreach and engagement team (coet) to respond to crisis calls with siu medicine and the springfield police department. | 2018 | $196,122 |
| Memorial Health System | See part iv provide support for memorial behavioral health's children's mosaic program, which increases access to mental health services for children and families. in addition, to provide support for initiation of a mental health first aid project in sangamon, logan, morgan and christian counties. this program is helping all four mhs hospitals address mental health, which was a priority first identified by each hospital's 2015 community health needs assessment. | 2018 | $8,135 |
| Memorial Health System | See part ivprovide support for memorial behavioral health's children's mosaic program, which increases access to mental health services for children and families. in addition, to provide support for initiation of a mental health first aid project in sangamon, logan, morgan and christian counties. this program is helping all four mhs hospitals address mental health, which was a priority identified by each hospital's 2015 community health needs assessment. | 2017 | $137,980 |
| Memorial Health System | Provide general support | 2017 | $8,442 |
| Memorial Health System | See part ivprovide support for memorial behavioral health's children's mosaic program, which increases access to mental health services for children and families. in addition, to provide support for initiation of a mental health first aid project in sangamon, logan, morgan and christian counties. this program is helping all four mhs hospitals address mental health, which was a priority identified by each hospital's 2015 community health needs assessment. | 2016 | $152,776 |
| Memorial Health System | Provide general support | 2016 | $19,468 |
| Memorial Health System | See part ivprovide support for memorial behavioral health's children's mosaic program, which increases access to mental health services for children and families. in addition, to provide support for initiation of a mental health first aid project in sangamon, logan, morgan and christian counties. this program is helping all four mhs hospitals address mental health, which was a priority identified by each hospital's 2015 community health needs assessment. | 2015 | $176,701 |
| Memorial Health System | Provide general support | 2015 | $18,272 |
| Memorial Health System | Provide general support | 2014 | $5,737 |
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Frequently asked questions
- Is Memorial Health System a legitimate nonprofit?
- Yes. Memorial Health System is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 37-0646367, based in Springfield, Illinois. Donations are tax-deductible.
- What is Memorial Health System's EIN?
- Memorial Health System's Employer Identification Number (EIN) is 37-0646367.
- How much revenue does Memorial Health System report?
- Memorial Health System reported $19,103,196 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Memorial Health System have?
- CharityIndex grades Memorial Health System B, based on financial health (reserves and operating margin).
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Data for Memorial Health System (EIN 37-0646367) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.