Overview

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Est.

1888

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

HMH HOSPITALS CORPORATION is a nonprofit organization dedicated to transforming health care with a mission to be recognized as a leader of positive change. With an operating budget of $1.4 billion and total revenue of $1.7 billion, the organization focuses on hospital care, science, and human services, emphasizing human-centered, accessible, and affordable care. It receives significant funding from prominent organizations, including the BILL & MELINDA GATES FOUNDATION and MAYO CLINIC, but does not rely on a single funder for 50% or more of its revenue.

Mission Statement

Mission: Transform health care and be recognized as the leader of positive change. Vision: Innovation is in our DNA, compelling us to create a world where: the highest quality care is human-centered, accessible and affordable; we deliver outcomes that matter most; and excellence is the standard. We believe in being creative, courageous, compassionate, collaborative and connected.
Revenues
$1.7B
Expenses
$1.5B
Net Income:
+$151.1M
Assets
$2.1B
Liabilities
$1.3B
Net Assets:
+$800.9M
Operating Budget
$1.4B
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
40
Median grant size
$46.3K
Largest grant received
$1.4M
R
Robert C Garrett
Board Member
I
Ihor S Sawczuk MD
Board Member
T
Thomas Salazar MD
Board Member

Frequently Asked Questions

What is HMH HOSPITALS CORPORATION’s budget?
In 2017, HMH HOSPITALS CORPORATION reported an annual operating budget of around $1.4 billion. More detailed financial information is available to registered users.
What causes does HMH HOSPITALS CORPORATION support?
HMH HOSPITALS CORPORATION supports work in Hospital care, Human services, and Science.
Where does HMH HOSPITALS CORPORATION operate?
HMH HOSPITALS CORPORATION is headquartered in NEPTUNE, NJ.
Who funded HMH HOSPITALS CORPORATION recently?
In 2025, HMH HOSPITALS CORPORATION received grants from W M PITKIN FOUNDATION INC WINNE BANTA BASRALIAN & KAHN PC, CRITICAL PATH INSTITUTE, and THE CHILDREN'S ONCOLOGY GROUP FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant HMH HOSPITALS CORPORATION received in 2024?
The largest grant to HMH HOSPITALS CORPORATION in 2024 exceeds $1.4 million.
What is HMH HOSPITALS CORPORATION’s reliance on government grants?
HMH HOSPITALS CORPORATION relied on government grants for less than 5% of their total revenue in 2017.