EHealth CareEIN: 222861978

Lifespan Corporation

Providence, Rhode Island

B-Health Score
54B-

Financial Health Score

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

Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org0.16×
Peer Median0.50×
💰
$302.2M
Total Revenue
📊
$294.8M
Total Expenses
🏦
$48.5M
Net Assets
📋
$204.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+6.0%
Year-over-year change (2022 → 2023)
Net Margin
+2.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.16
Net assets divided by total expenses
Liabilities-to-Assets
80.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$302,231,8996%$294,759,3003%$252,969,1218%
2022$285,097,7371%$287,327,4165%$234,961,6218%
2021$281,124,52710%$273,271,11314%$256,655,53764%
2020$255,734,6056%$239,971,5111%$156,472,47348%
2019$240,445,4809%$238,550,78019%$105,528,05526%
2018$221,484,1778%$201,300,4142%$83,591,65014%
2017$204,838,0202%$197,036,9371%$73,274,74812%
2016$200,757,0007%$195,699,3205%$65,156,6016%
2015$187,248,11820%$185,811,60623%$61,527,51618%
2014$156,681,6459%$150,608,1373%$52,235,03357%
2013$143,494,0557%$145,535,972$33,185,22310%
2012$134,235,2735%$145,295,85513%$36,702,3524%
2011$127,958,000$128,978,991$38,142,513

Frequently Asked Questions

What does Lifespan Corporation do?

Lifespan Corporation is a health care nonprofit organization based in Rhode Island. It is classified under NTEE code E020 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Lifespan Corporation financially healthy?

Based on our 9-metric Financial Health Score model, Lifespan Corporation has a score of 54/100 (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 Lifespan Corporation generate?

Lifespan Corporation reports $352.6M in annual revenue and holds $478.8M in total assets, based on IRS filings.

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