New Jersey · Nonprofit
Hackensack Meridian Health Inc
Hackensack Meridian Health Inc (New Jersey) receives grants from 28 organizations whose IRS filings report $6,809,970 to it, the largest being THE JAY AND LINDA GRUNIN FOUNDATION D/B/A GRUNIN FOUNDATION ($3,865,500). 10 of them have funded it in more than one year.
- Revenue FY2024
- $271M
- Funders on record
- 28
- Grants received
- $6.8M
- Net assets
- $1.2B
What Hackensack Meridian Health Inc does
Mission
The organization is committed to providing the full spectrum of life-enhancing care and services to create and sustain healthy, vibrant communities.
As stated on its FY2024 Form 990.
Programs
Health partners: promote a clinically integrated network of health care providers with the goal of improving health outcomes, reducing health care costs, and enhancing patient experience.
$54,972,476 spent68% of program spendingAccountable care organizations: promote evidence-based medicine, patient engagement, care coordination, and the development of an infrastructure for accountable care organization providers to internally report on quality and cost metrics.
$15,179,306 spent$25,967,666 earned by the program19% of program spendingNot described on the e-filed return.
$0 spent0% of program spendingProviding various other medically necessary healthcare services, such as emergency department, obstetrics & newborns, chemotherapy, oncology, behavioral health, etc., to all individuals in a non-discriminatory manner regardless of race, color, creed, sex, national origin or ability to pay.
$10,715,467 spent13% of program spending
The 4 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $80,867,249.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $2.4B to $4.5B (+86%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 1% · 2022 52% · 2023 176% · 2024 35%. Grants only. Government contracts and fees sit inside program revenue.
35% of Hackensack Meridian Health Inc’s revenue is contributions — more reliant on donations than three-quarters of its peers (1% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
The chief executive listed changed between the FY2019 and FY2020, and between the FY2020 and FY2021 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 2 funders to 6 funders, grant income rose $5k → $1.6M.
3 of 28 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 3% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $10k from one payer (the payer shares this organization's board, largest Seattle Children's Hospital). These are real filings, and they are not money Hackensack Meridian Health Inc raised.
From the IRS filings of Hackensack Meridian Health Inc’s funders (the co-funder graph). Top 27 of 28 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
Hackensack Meridian Health Inc leans on a few funders — its largest provides 57% of grant income and the top three 82%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
35% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Hackensack Meridian Health Inc.
Largest funder’s share by year: 2017 51% · 2018 92% · 2019 42% · 2020 93% · 2021 83% · 2022 47% · 2023 43% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
19% of Hackensack Meridian Health Inc's funders are still giving 3 years after their first grant; 36% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
78% of Hackensack Meridian Health Inc's grant income comes from New Jersey funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $220k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
Hackensack Meridian Health Inc runs a healthier operating margin than three-quarters of the 2,076 health nonprofits its size.
this organization peer median middle 50% of peers· 2,076 health nonprofits over $100M, FY2024
Organizations like Hackensack Meridian Health Inc
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New Jersey
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
100% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Part of a family of 43 related entities
- Meridian Accountable Care Organization LLC · disregarded
- Hackensack Physician-Hospital Alliance Aco LLC · disregarded
- Hackensack Meridian Health Partners LLC · disregarded
- Jfk Population Health Company LLC · disregarded
- Palisades Medical Associates LLC · exempt
Screen this organization
A dated, signed PDF of the compliance screen for Hackensack Meridian Health Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Hackensack Meridian Health Inc?
- Hackensack Meridian Health Inc (New Jersey) receives grants from 28 organizations whose IRS filings report $6,809,970 to it, the largest being THE JAY AND LINDA GRUNIN FOUNDATION D/B/A GRUNIN FOUNDATION ($3,865,500). 10 of them have funded it in more than one year.
- How many funders does Hackensack Meridian Health Inc have?
- IRS filings report 28 organizations giving $6,809,970 in grants to Hackensack Meridian Health Inc, 10 of which have funded it in more than one year.
- Who is the largest funder of Hackensack Meridian Health Inc?
- THE JAY AND LINDA GRUNIN FOUNDATION D/B/A GRUNIN FOUNDATION is the largest funder on record, with $3,865,500 in grants. The full list of funders is on this page.
- How can an organization like Hackensack Meridian Health Inc find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New Jersey. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Hackensack Meridian Health →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 28 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing