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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 INC ($3,865,500). 10 of them have funded it in more than one year.

$271M
Revenue FY2024
28
Funders on record
$6.8M
Grants received
$1.2B
Net assets
10/28 repeat funderspeak grant-dependency 3%

Against its field

Hackensack Meridian Health Inc runs a healthier operating margin than three-quarters of the 2,075 health nonprofits its size.

Operating margin63% · top quartile
Months of reserve50.1mo · top quartile
Revenue growth (annualized)26% · top quartile

this organization peer median middle 50% of peers· 2,075 health nonprofits over $100M, FY2024

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

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.

100 = 20172017 Revenue 100 ($53M) Expenses 100 ($47M) Net assets 100 ($14M)2018 Revenue 396 ($209M) Expenses 100 ($47M) Net assets -486 ($-67082360)2019 Revenue 263 ($139M) Expenses 134 ($63M) Net assets 960 ($133M)2020 Revenue 286 ($151M) Expenses 165 ($78M) Net assets 3818 ($527M)2021 Revenue 1078 ($570M) Expenses 183 ($86M) Net assets 7578 ($1.0B)2022 Revenue 169 ($89M) Expenses 123 ($58M) Net assets -2453 ($-338484287)2023 Revenue 114 ($60M) Expenses 172 ($81M) Net assets 3062 ($423M)2024 Revenue 513 ($271M) Expenses 212 ($100M) Net assets 8990 ($1.2B)
'17'18'19'20'21'22'23'24
Revenue (513)Expenses (212)Net assets (8990)Peer revenue range

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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

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).

This organization
Typical peer · 2,195 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

$5.9M
17
$162M
18
$76M
19
$73M
20
$484M
21
$31M
22
$21M
23
$171M
24
50
months of
reserve
02Who funds it

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.

57%
largest funder
82%
top three
~3
effective funders

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.

first grant+1y+2y+3y+4y+5y

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.

IL
NY
NV
PA
NJ
NE
DE
NC
DC

In-state vs out-of-state, by year

17
18
19
20
21
22
23
New Jersey out of state home

Funder states come from each funder’s own filing. $220k arriving through sponsors registered in 3 statesis 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.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 28 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like Hackensack Meridian Health Inc

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New Jersey

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

28
board members
96%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Footprint & structure

Files a return copy in 1 state

NJ

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.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. 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 INC ($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 INC 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.

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 28funders 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 August 27, 2026. What this page cannot tell you · view filing