Florida · Nonprofit
INDIAN RIVER MEMORIAL HOSPITAL INC
INDIAN RIVER MEMORIAL HOSPITAL INC (Florida) receives grants from 37 organizations whose IRS filings report $13,541,556 to it, the largest being THE CLEVELAND CLINIC FOUNDATION GROUP RETURN ($11,762,581). 21 of them have funded it in more than one year.
- Revenue FY2017
- $299M
- Funders on record
- 37
- Grants received
- $14M
- Net assets
- $146M
What Indian River Memorial Hospital Inc does
Mission
Irmc serves as the area's leading provider of comprehensive high quality health and medical services and improves the health and well-being of the people and communities we serve.
As stated on its FY2017 Form 990.
Program
Indian river medical center is a 332-bed hospital in vero beach, florida. In fiscal year 2017, the hospital admitted 14,666 patients. Services were provided for 58,926 patient days. The hospital had 519 volunteers who worked 75,227 hours during the year. More than 61,200 people were seen this year in the hospital's state-of-the-art emergency department. The medical center's three largest program services are heart, cancer and orthopedics. The heart center, affiliated with duke university health systems, opened in 2006 and treated over 1,500 patients during the year. Its outstanding surgical outcomes have earned it top recognition from the society of thoracic surgeons, who named it one of the best cardiac surgery programs in america. Dr. Cary stowe, medical director of cardiovascular surgery services, is recognized as one of the top 1% of thoracic surgeons in the united states. The cancer program affiliated with duke university health systems in 2012 with the goal of bringing world class cancer treatment close to the home of patients we serve. The affiliation with duke also provides access to second opinions from recognized experts when needed. During the year, the cancer center…
The first program described on its most recent Form 990, which lists programs largest first by expense.
Who funds it, year by year
2017 → 2023: the base narrowed from 12 funders to 4 funders, grant income rose $45k → $119k.
7 of 37 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 5% 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: $6.2M from one payer (the payer shares this organization's board, largest Indian River Hospital Foundation Inc). These are real filings, and they are not money INDIAN RIVER MEMORIAL HOSPITAL INC raised.
From the IRS filings of INDIAN RIVER MEMORIAL HOSPITAL INC’s funders (the co-funder graph). Top 30 of 37 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
INDIAN RIVER MEMORIAL HOSPITAL INC leans on a few funders — its largest provides 87% of grant income and the top three 95%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
97% 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 INDIAN RIVER MEMORIAL HOSPITAL INC.
Largest funder’s share by year: 2017 31% · 2018 27% · 2019 92% · 2020 99% · 2021 65% · 2022 59% · 2023 63% — growing more concentrated.
“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
16% of INDIAN RIVER MEMORIAL HOSPITAL INC's funders are still giving 3 years after their first grant; 57% 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
INDIAN RIVER MEMORIAL HOSPITAL INC draws 98% of its grant income from funders outside Florida, across 12 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $737k arriving through sponsors registered in 7 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
INDIAN RIVER MEMORIAL HOSPITAL INC is better cushioned than half of the 1,590 health nonprofits its size.
this organization peer median middle 50% of peers· 1,590 health nonprofits over $100M, FY2017
Government funding INDIAN RIVER MEMORIAL HOSPITAL INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $2.0M on record.
- FEDERAL FINANCIAL ASSISTANCE - GENERAL $1.9M
- REFUNDS - GENERAL $39k
- BENEFITS/CLAIMS - VENDOR - GENERAL $21k
- CARE/SUBSISTENCE - MEDICAL - VENDOR - GENERAL $1k
- FEES - GENERAL - COMMODITIES $58
- BENEFITS/CLAIMS-VENDOR-WORKER'S COMP MEDICAL PAY$28
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like INDIAN RIVER MEMORIAL HOSPITAL 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 Florida
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
79% of spending goes to programs.
Governance
Footprint & structure
Part of a family of 5 related entities
- Vero Radiology Associates LLC · disregarded
- Indian River Hospital Foundation Inc · exempt
- Indian River Health Services Inc · exempt
- Health Systems of Indian River Inc · exempt
- Hospital Auxiliary of the Irmh Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for INDIAN RIVER MEMORIAL HOSPITAL 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 INDIAN RIVER MEMORIAL HOSPITAL INC?
- INDIAN RIVER MEMORIAL HOSPITAL INC (Florida) receives grants from 37 organizations whose IRS filings report $13,541,556 to it, the largest being THE CLEVELAND CLINIC FOUNDATION GROUP RETURN ($11,762,581). 21 of them have funded it in more than one year.
- How many funders does INDIAN RIVER MEMORIAL HOSPITAL INC have?
- IRS filings report 37 organizations giving $13,541,556 in grants to INDIAN RIVER MEMORIAL HOSPITAL INC, 21 of which have funded it in more than one year.
- Who is the largest funder of INDIAN RIVER MEMORIAL HOSPITAL INC?
- THE CLEVELAND CLINIC FOUNDATION GROUP RETURN is the largest funder on record, with $11,762,581 in grants. The full list of funders is on this page.
- How can an organization like INDIAN RIVER MEMORIAL HOSPITAL INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. 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 Indian River Memorial Hospital →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2017 (financials across 2017–2017), and the filings of 37 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 14, 2026. What this page cannot tell you · view filing