Essentia Health
Duluth, Minnesota
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 | $348,209,105↓16% | $340,166,174↑19% | $723,173,585↑15% | |
| 2022 | $416,911,579↑79% | $286,957,827↑35% | $630,123,333↑3% | — |
| 2021 | $232,654,548↑6% | $211,985,773↑3% | $613,077,249↑12% | — |
| 2020 | $219,068,133↑13% | $204,895,965↑12% | $549,423,564↑31% | — |
| 2019 | $194,220,633↑3% | $182,244,364↑1% | $419,201,264↑6% | — |
| 2018 | $189,162,863↑5% | $180,096,528↑3% | $396,118,323↑6% | — |
| 2017 | $180,179,309↑22% | $174,978,284↑15% | $372,799,250↑24% | — |
| 2016 | $148,110,267↑4% | $152,138,112↑15% | $300,148,119↑2% | — |
| 2015 | $141,937,786↑8% | $132,365,233↑10% | $295,250,892↑2% | — |
| 2014 | $131,783,219↑65% | $120,695,648↑68% | $288,406,776↑12% | — |
| 2013 | $79,694,289↑4% | $71,892,137↑20% | $257,198,745↑100% | — |
| 2012 | $76,668,051↑222% | $59,780,245↑163% | $128,318,534↑27% | — |
| 2011 | $23,843,515 | $22,693,168 | $100,741,801 | — |
Frequently Asked Questions
What does Essentia Health do?▼
Essentia Health is a health care nonprofit organization based in Minnesota. It is classified under NTEE code E112 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Essentia Health financially healthy?▼
Based on our 9-metric Financial Health Score model, Essentia Health has a score of 77/100 (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 Essentia Health generate?▼
Essentia Health reports $369.9M in annual revenue and holds $869.7M in total assets, based on IRS filings.
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