Overview

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Est.

1961

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

MEMORIAL HEALTH SYSTEMS INC is a hospital care nonprofit focused on in-patient medical care, operating a hospital with 362 beds and serving the community through medical care. In filing year 2024, it reported an operating budget of $689.5 million and total revenue of $785.8 million, with major funders including Florida Essential Healthcare Partnerships Foundation Inc, MEMORIAL HEALTH SYSTEMS FOUNDATION INC, and Adventist Health SystemSunbelt Inc.

Mission Statement

MEDICAL CARE TO THE COMMUNITY THROUGH THE OPERATION OF A HOSPITAL WITH A TOTAL OF 362 BEDS.
Revenues
$785.8M
Expenses
$690.4M
Net Income:
+$95.4M
Assets
$752.3M
Liabilities
$211.1M
Net Assets:
+$541.2M
Operating Budget
$689.5M
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
2
Median grant size
$8.4M
Largest grant received
$16.4M
P
Patel Md Ketul
Board Member
A
Arocho Md James
Board Member
F
Ferguson John
Board Member
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  • 10 funders
  • 120 board & team members
  • 12 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is MEMORIAL HEALTH SYSTEMS INC’s budget?
In 2024, MEMORIAL HEALTH SYSTEMS INC reported an annual operating budget of around $689.5 million. More detailed financial information is available to registered users.
What causes does MEMORIAL HEALTH SYSTEMS INC support?
MEMORIAL HEALTH SYSTEMS INC supports work in Hospital care and In-patient medical care.
Where does MEMORIAL HEALTH SYSTEMS INC operate?
MEMORIAL HEALTH SYSTEMS INC is headquartered in Daytona Beach, FL.
Who funded MEMORIAL HEALTH SYSTEMS INC recently?
In 2025, MEMORIAL HEALTH SYSTEMS INC received grants from AMERICAN CANCER SOCIETY INC, Florida Essential Healthcare Partnerships Foundation Inc, and MEMORIAL HEALTH SYSTEMS FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant MEMORIAL HEALTH SYSTEMS INC received in 2024?
The largest grant to MEMORIAL HEALTH SYSTEMS INC in 2024 exceeds $16.4 million.