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Florida · Nonprofit

MEMORIAL HEALTH SYSTEMS INC

MEMORIAL HEALTH SYSTEMS INC (Florida) receives grants from 5 organizations whose IRS filings report $19,021,361 to it, the largest being Florida Essential Healthcare Partnerships Foundation Inc ($18,611,572). 2 of them have funded it in more than one year.

$786M
Revenue FY2024
5
Funders on record
$19M
Grants received
$541M
Net assets
2/5 repeat funderspeak grant-dependency 0%

Against its field

MEMORIAL HEALTH SYSTEMS INC runs a healthier operating margin than three-quarters of the 2,075 health nonprofits its size.

Operating margin12% · top quartile
Months of reserve4.5mo · top quartile
Revenue growth (annualized)12% · 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 ($361M) Expenses 100 ($336M) Net assets 100 ($317M)2018 Revenue 107 ($388M) Expenses 107 ($359M) Net assets 101 ($321M)2019 Revenue 117 ($424M) Expenses 115 ($385M) Net assets 116 ($367M)2020 Revenue 122 ($442M) Expenses 124 ($416M) Net assets 123 ($390M)2021 Revenue 146 ($526M) Expenses 145 ($488M) Net assets 133 ($423M)2022 Revenue 150 ($544M) Expenses 162 ($544M) Net assets 119 ($379M)2023 Revenue 184 ($666M) Expenses 180 ($604M) Net assets 141 ($449M)2024 Revenue 217 ($786M) Expenses 206 ($690M) Net assets 171 ($541M)
'17'18'19'20'21'22'23'24
Revenue (217)Expenses (206)Net assets (171)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: 2018 0% · 2020 2% · 2021 0% · 2022 0%. Grants only. Government contracts and fees sit inside program revenue.

2% of MEMORIAL HEALTH SYSTEMS INC’s revenue is contributions — more donation-reliant than the typical peer (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.

$26M
17
$28M
18
$39M
19
$26M
20
$38M
21
$199k
22
$62M
23
$95M
24
4.5
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base held at 2 funders, grant income rose $19k → $776k.

1 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF)0% 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: $3.4M from 5 payers (the payer shares this organization's board, largest Memorial Health Systems Foundation Inc). These are real filings, and they are not money MEMORIAL HEALTH SYSTEMS INC raised.

From the IRS filings of MEMORIAL HEALTH SYSTEMS INC’s funders (the co-funder graph). 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

MEMORIAL HEALTH SYSTEMS INC leans on a few funders — its largest provides 98% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% 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 MEMORIAL HEALTH SYSTEMS INC.

98%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 73% · 2018 100% · 2019 100% · 2020 100% · 2021 100% · 2022 100% · 2023 99%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.

Where its funders are

MEMORIAL HEALTH SYSTEMS INC draws 98% of its grant income from funders outside Florida, across 3 states in all.

GA
TX
FL

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

17
18
19
20
21
22
23
Florida out of state home

Funder states come from each funder’s own filing. $10k arriving through sponsors registered in 1 state 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.

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 5 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.

Government funding MEMORIAL HEALTH SYSTEMS INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $114k on record.

State$114k
19
21
22
23
24
25
By state
  • FL$104k
  • MA$10k

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 MEMORIAL HEALTH SYSTEMS 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 Florida

Nationally

04Profile & governance

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

Where the money goes

90% of spending goes to programs.

Program 90%Management 10%Fundraising 0%

Governance

16
board members
50%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Footprint & structure

Files a return copy in 1 state

FL

Part of a family of 131 related entities

  • Vesc LLC · disregarded
  • Port Orange Endo & Surgery Center LLC · disregarded
  • Adventhealth Bond Clinic Fka Adventhealth Pcp Network Inc (722 - 1231 · exempt
  • Adventhealth Family Medicine Rural Health Clinics Inc · exempt
  • Adventhealth Foundation Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for MEMORIAL HEALTH SYSTEMS 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 MEMORIAL HEALTH SYSTEMS INC?
MEMORIAL HEALTH SYSTEMS INC (Florida) receives grants from 5 organizations whose IRS filings report $19,021,361 to it, the largest being Florida Essential Healthcare Partnerships Foundation Inc ($18,611,572). 2 of them have funded it in more than one year.
How many funders does MEMORIAL HEALTH SYSTEMS INC have?
IRS filings report 5 organizations giving $19,021,361 in grants to MEMORIAL HEALTH SYSTEMS INC, 2 of which have funded it in more than one year.
Who is the largest funder of MEMORIAL HEALTH SYSTEMS INC?
Florida Essential Healthcare Partnerships Foundation Inc is the largest funder on record, with $18,611,572 in grants. The full list of funders is on this page.
How can an organization like MEMORIAL HEALTH SYSTEMS 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.

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 5funders 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