Health Care
(E220)
IRS Verified
DX Registered
990 on File
SHORE MEMORIAL HOSPITAL
Financial strength (30%)
83/100
Reliability (20%)
55/100
Effectiveness (25%)
76/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$267.7M
Total Revenue
$225.7M
Total Expenses
$300.0M
Net Assets
1461
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
83.0%
Fundraising Efficiency
813.2%
Operating Reserve
15.95x
Liability-to-Asset
18.9%
Revenue Diversification
96.9%
Executive Compensation
$5.5M
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
|
83.0% | 87.7% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
16.7% | 12.3% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.4% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
813.2% | 565.8% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
16.0 mo | 6.1 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
18.9% | 44.5% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
96.9% | 96.4% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
10.6% | 9.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
5.3% | 7.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
15.7% | 2.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $267.7M | $225.7M | $300.0M | 83.0% | 1461 |
| 2023 | $242.1M | $214.4M | $273.6M | 83.1% | 1436 |
| 2022 | $259.3M | $209.2M | $232.4M | 83.1% | 1410 |
| 2021 | $235.6M | $198.4M | N/A | — | 1347 |
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