HACKENSACK MERIDIAN HEALTH INC
EDISON, NJ 08837 · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $8,846,442,863 | $8,311,698,467 | $5,913,897,973 |
| FY2023 | $7,466,842,942 | $7,143,661,248 | $5,511,171,524 |
| FY2022 | $6,674,422,433 | $6,593,951,459 | $4,849,961,025 |
| FY2021 | $6,406,920,204 | $6,164,788,878 | $4,190,172,080 |
| FY2020 | $5,882,477,841 | $5,756,645,094 | $3,865,596,034 |
| FY2019 | $5,565,689,162 | $5,226,743,815 | $3,836,606,905 |
| FY2018 | $5,087,427,236 | $4,774,210,848 | $3,301,213,046 |
| FY2017 | $2,567,369,098 | $2,380,715,868 | $2,064,285,172 |
| FY2016 | $2,490,406,503 | $2,239,199,095 | $1,755,651,369 |
| FY2015 | $1,865,053,653 | $1,661,890,714 | $1,340,885,796 |
| FY2014 | $1,726,865,800 | $1,581,204,513 | $1,177,152,056 |
| FY2013 | $1,607,860,923 | $1,498,365,954 | $1,093,573,063 |
| FY2012 | $1,624,507,487 | $1,550,012,554 | $874,083,671 |
| FY2011 | $1,422,297,777 | $1,333,383,115 | $763,227,096 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $241,325,869 | 3% |
| Program service revenue | $8,109,137,448 | 97% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $7,463,275,617 | 90% |
| Management & general | $824,575,698 | 10% |
| Fundraising | $23,847,152 | 0% |
What the numbers show
- Program service revenue made up 97% of total revenue in FY2024.
- Program services accounted for 90% of functional expenses, management & general 10%, and fundraising 0%.
- 90% of functional expenses went to program services in FY2024. That is higher than 65.9% of 88 Health Care organizations in NJ.
- Net assets covered about 8.5 months of expenses at the end of the reporting year. That puts it in the 38th percentile among 551 Health Care organizations in NJ.
- Total revenue was higher than 100.2% of 582 Health Care organizations in NJ.
- Total revenue rose from $1,422,297,777 in FY2011 to $8,846,442,863 in FY2024, Revenue increased in 12 and decreased in 1 of 13 year-over-year comparisons.
- Revenue covered expenses in each of the 14 reported years, FY2011 to FY2024.
- Net assets grew from $763,227,096 to $5,913,897,973 between FY2011 and FY2024.
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
THE ORGANIZATIONS ARE COMMITTED TO PROVIDING THE FULL SPECTRUM OF LIFE-ENHANCING CARE AND SERVICES TO CREATE AND SUSTAIN HEALTHY, VIBRANT COMMUNITIES.
IRS status
| Ruling year | 1996 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E21 — Health Care (in NJ) |
Similar organizations
- RWJ BARNABAS HEALTH INC — OCEANPORT, NJ · $7,777,256,607
- NOVARTIS PATIENT ASSISTANCE FOUNDATION — EAST HANOVER, NJ · $2,830,642,088
- COOPER HEALTH SYSTEM A NEW JERSEY NON-PROFIT CORPORATION — CAMDEN, NJ · $2,550,029,191
- RWJBH CORPORATE SERVICES INC — OCEANPORT, NJ · $2,184,226,025
- JOHNSON & JOHNSON PATIENT ASSISTANCE FOUNDATION INC — NEW BRUNSWICK, NJ · $1,874,866,152
- BAYADA HOME HEALTH CARE INC — PENNSAUKEN, NJ · $1,834,646,034
- INSPIRA MEDICAL CENTERS INC — BRIDGETON, NJ · $1,290,785,441
- CAPITAL HEALTH SYSTEM INC — TRENTON, NJ · $1,285,510,632
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.