Charity Search / TALLAHASSEE MEMORIAL HEALTHCARE INC
Health Care (E220) 990 on File

TALLAHASSEE MEMORIAL HEALTHCARE INC

EIN: 59-1917016 · TALLAHASSEE, FL 32308-5054 · United States · FY 2024 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 88/100
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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CharityAI™ Score
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Financial Overview — FY 2024
$1080.7M
Total Revenue
$1048.6M
Total Expenses
$588.3M
Net Assets
7771
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 86.4%
Fundraising Efficiency N/A
Operating Reserve 6.73x
Liability-to-Asset 48.9%
Revenue Diversification 97.3%
Executive Compensation $7.1M
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
86.4% 87.7%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
13.7% 12.3%
P10P90
Below 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
6.7 mo 6.1 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
48.9% 44.5%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
97.3% 96.4%
P10P90
Below median
Revenue growth
Year over year revenue growth
23.8% 9.1%
P10P90
Expense growth
Year over year expense growth
17.4% 7.8%
P10P90
Surplus margin
Surplus as a share of revenue
3.0% 2.5%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $1080.7M $1048.6M $588.3M 86.4% 7771
2023 $872.7M $893.2M $561.4M 86.1% 7790
2022 $837.5M $842.8M $561.5M 88.7% 7447
2021 $783.9M $766.0M N/A — 7447
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Organization Details
EIN
59-1917016
State
FL
City
TALLAHASSEE
ZIP
32308-5054
Classification
E220
Category
Health Care
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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