William W Backus Hospital
Norwich, Connecticut
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 1225 peers in Health Care with $100M-$1B revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $556,028,079↑10% | $518,395,676↑11% | $878,492,236↑3% | — |
| 2022 | $505,418,818↑2% | $468,889,976↑8% | $855,910,204 | — |
| 2021 | $496,065,171↑16% | $434,551,770↑6% | $858,731,409↑18% | — |
| 2020 | $425,857,401↑2% | $409,399,267↑6% | $729,174,132↑15% | — |
| 2019 | $416,337,608↑13% | $385,205,407↑15% | $635,645,137↑6% | — |
| 2018 | $369,066,850↑2% | $334,237,112↑13% | $600,185,993↓7% | — |
| 2017 | $361,115,117↑13% | $296,888,835↑8% | $646,918,185↑10% | — |
| 2016 | $319,597,150↑4% | $275,837,249↑7% | $589,761,844↑10% | — |
| 2015 | $306,118,745↓3% | $257,656,353 | $533,869,094↑4% | — |
| 2014 | $316,776,392↑9% | $258,616,565 | $513,864,285↑8% | — |
| 2013 | $289,408,393↓1% | $257,526,279↓2% | $477,063,817↑21% | — |
| 2012 | $293,330,163↑4% | $262,089,851↑5% | $393,284,501↑10% | — |
| 2011 | $280,777,562 | $249,967,250 | $358,349,465 | — |
Frequently Asked Questions
What does William W Backus Hospital do?▼
William W Backus Hospital is a health care nonprofit organization based in Connecticut. It is classified under NTEE code E220 and is registered as a 501(c) tax-exempt organization with the IRS.
Is William W Backus Hospital financially healthy?▼
Based on our 9-metric Financial Health Score model, William W Backus Hospital has a score of 78/100 (Grade: A-). 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 William W Backus Hospital generate?▼
William W Backus Hospital reports $585.2M in annual revenue and holds $990.1M in total assets, based on IRS filings.
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