Health Care
(E220)
990 on File
THE MARY LANNING MEMORIAL HOSPITAL ASSOCIATION
Financial strength (30%)
72/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$222.8M
Total Revenue
$224.7M
Total Expenses
$172.6M
Net Assets
1348
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
92.7%
Fundraising Efficiency
N/A
Operating Reserve
9.22x
Liability-to-Asset
32.9%
Revenue Diversification
97.4%
Executive Compensation
$894K
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
|
92.7% | 87.7% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
7.3% | 12.3% |
P10P90
|
Above median |
|
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
|
9.2 mo | 6.1 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
32.9% | 44.5% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
97.4% | 96.4% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-8.4% | 9.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-1.1% | 7.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-0.8% | 2.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $222.8M | $224.7M | $172.6M | 92.7% | 1348 |
| 2023 | $243.2M | $227.2M | $163.2M | 92.9% | 1386 |
| 2022 | $215.0M | $224.9M | $160.2M | 93.3% | 1369 |
| 2021 | $213.2M | $209.1M | N/A | — | 1395 |
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