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nonprofit · EIN 22-3376459 · NJ

How much does HACKENSACK MERIDIAN HEALTH MEDICAL GROUP- SPECIALTY CARE raise and spend?

HACKENSACK MERIDIAN HEALTH MEDICAL GROUP- SPECIALTY CARE (NJ, EIN 22-3376459) reported $900.0M in revenue and $900.0M in expenses for tax year 2024, with $-115.7M in net assets (-1.5 months of reserves). By expenses that ranks 342 of 391,588 e-filers, 12 of 10,870 nonprofits in new jersey.

REVENUE: $900.0MEXPENSES: $900.0MRESERVES: -1.5 months6 filings

Cite: FACTANKER, https://factanker.com/nonprofit/223376459-hackensack-meridian-health-medical-group-specialty-care

What stands out

HACKENSACK MERIDIAN HEALTH MEDICAL GROUP- SPECIALTY CARE (NJ, EIN 22-3376459) reported $900.0M in revenue and $900.0M in expenses for tax year 2024, with $-115.7M in net assets (-1.5 months of reserves). By expenses that ranks 342 of 391,588 e-filers, 12 of 10,870 nonprofits in new jersey. Against nonprofits over $100M in expenses: months of reserves -1.5 months, below the peer median of 7.7 months; contributions share of revenue 42.9%, above the peer median of 0.8%; surplus margin 0.0%, below the peer median of 1.7%.

Key figures, tax year 2024

As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.

Measure2024Median, activityMedian, sizeMedian, all
Total revenue$900.0M—$233.3M$198.5k
Total expenses$900.0M—$225.3M$179.6k
Total assets$54.2M—$306.0M$761.5k
Net assets$-115.7M—$162.6M$615.1k
Program service revenue share57.1%—92.5%13.4%
Contributions share of revenue42.9%—0.8%55.6%
Months of reserves-1.5 months—7.7 months12.4 months
Surplus margin0.0%—1.7%4.3%

Year by year

6 filings on record.

Tax yearRevenueExpensesNet assetsReservesOfficer comp.Rank
2024$900.0M$900.0M$-115.7M-1.5 months—342
2023$720.9M$720.9M$-118.7M-2.0 months—749
2022$278.3M$278.3M$14.2M0.6 months—1,749
2020$160.7M$160.7M$1130.0 months—2,484
2019$140.5M$140.5M$00.0 months—2,631
2018$137.7M$137.7M$00.0 months—2,532

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