ZUnclassifiedEIN: 362179813

Swedish Covenant Health

Arlington Hts, Illinois

B+Health Score
72B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 664 peers in Unclassified with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.61×
Peer Median0.87×
💰
$352.3M
Total Revenue
📊
$336.1M
Total Expenses
🏦
$204.3M
Net Assets
📋
$226.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+17.2%
Year-over-year change (2022 → 2023)
Net Margin
+4.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.61
Net assets divided by total expenses
Liabilities-to-Assets
52.5%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$352,313,57917%$336,125,6399%$430,490,76449%
2022$300,504,779296%$307,177,773339%$840,938,67213%
2021$75,891,16675%$70,046,52576%$746,038,3836%
2021$302,820,4275%$295,127,57110%$703,103,69845%
2018$288,320,3745%$269,151,1134%$486,024,6011%
2017$274,016,4751%$259,204,0581%$480,158,7446%
2016$275,985,9105%$255,523,8071%$454,424,5852%
2015$291,222,3588%$259,079,6452%$446,778,668
2014$270,517,9822%$253,154,568$446,974,5234%
2013$264,491,6012%$252,225,672$467,642,1854%
2012$270,724,89310%$251,469,0233%$451,770,87912%
2011$245,523,269$244,367,506$404,463,278

Frequently Asked Questions

What does Swedish Covenant Health do?

Swedish Covenant Health is a unclassified nonprofit organization based in Illinois. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Swedish Covenant Health financially healthy?

Based on our 9-metric Financial Health Score model, Swedish Covenant Health has a score of 72/100 (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 Swedish Covenant Health generate?

Swedish Covenant Health reports $607.5M in annual revenue and holds $336.2M in total assets, based on IRS filings.

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