EHealth CareEIN: 050490997

Care New England Health System

Providence, Rhode Island

CHealth Score
42C

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Below Average

How This Organization Compares

Compared to 1225 peers in Health Care with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org-1.10×
Peer Median0.50×
💰
$189.3M
Total Revenue
📊
$179.1M
Total Expenses
🏦
-$197.7M
Net Assets
📋
$251.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+7.6%
Year-over-year change (2022 → 2023)
Net Margin
+5.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
-1.10
Net assets divided by total expenses
Liabilities-to-Assets
465.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$189,328,7538%$179,135,4135%$54,110,95212%
2022$175,954,4112%$187,735,2666%$48,312,73937%
2021$172,013,7394%$177,797,1137%$77,099,19428%
2020$165,919,7009%$165,709,30910%$107,215,72011%
2019$151,776,1082%$150,977,8492%$96,254,21713%
2018$148,618,8402%$154,489,0532%$111,248,01015%
2017$145,387,6645%$158,315,09717%$130,819,44916%
2016$138,311,1938%$190,861,32945%$155,542,11717%
2015$127,580,51211%$132,070,94013%$187,503,0573%
2014$115,139,33822%$116,901,31026%$194,084,41739%
2013$94,595,7419%$92,631,2466%$139,665,8819%
2012$87,071,37551%$87,275,04751%$152,766,95218%
2011$57,826,030$57,854,448$129,158,133

Frequently Asked Questions

What does Care New England Health System do?

Care New England Health System is a health care nonprofit organization based in Rhode Island. It is classified under NTEE code E210 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Care New England Health System financially healthy?

Based on our 9-metric Financial Health Score model, Care New England Health System has a score of 42/100 (Grade: C). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Care New England Health System generate?

Care New England Health System reports $186.6M in annual revenue and holds $67.1M in total assets, based on IRS filings.

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