EHealth CareEIN: 222535533

Newport Hospital Foundation INC

Newport, Rhode Island

BHealth Score
56B

Financial Health Score

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

Above Average

How This Organization Compares

Compared to 39 peers in Health Care with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org13.39×
Peer Median8.62×
💰
$8.1M
Total Revenue
📊
$8.6M
Total Expenses
🏦
$115.9M
Net Assets
📋
$1.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+1370.3%
Year-over-year change (2022 → 2023)
Net Margin
-6.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
13.39
Net assets divided by total expenses
Liabilities-to-Assets
0.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$8,141,1371370%$8,649,38812%$116,918,5526%
2022$553,71896%$9,869,8299%$110,508,54316%
2021$13,877,81668%$10,789,27832%$132,285,69515%
2020$8,246,68311%$15,919,0404%$115,149,7153%
2019$9,254,99530%$15,326,57312%$118,719,8277%
2018$13,241,26316%$17,325,5256%$127,676,2273%
2017$15,788,439181%$16,318,2007%$131,893,3353%
2016$5,611,65828%$15,202,19120%$128,194,3734%
2015$7,747,06710%$18,926,314126%$134,086,48913%
2014$8,586,20911%$8,356,3746%$153,300,5802%
2013$9,684,50230%$8,888,49929%$150,962,3971%
2012$13,920,25355%$6,871,69423%$149,871,6657%
2011$8,997,804$8,902,756$139,826,614

Frequently Asked Questions

What does Newport Hospital Foundation INC do?

Newport Hospital Foundation INC is a health care nonprofit organization based in Rhode Island. It is classified under NTEE code E122 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Newport Hospital Foundation INC financially healthy?

Based on our 9-metric Financial Health Score model, Newport Hospital Foundation INC has a score of 56/100 (Grade: B). 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 Newport Hospital Foundation INC generate?

Newport Hospital Foundation INC reports $17.2M in annual revenue and holds $133.1M in total assets, based on IRS filings.

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