E — Health CareEIN: 364724966

Northwestern Memorial Healthcare

Chicago, Illinois

A-Health Score
78A-

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 354 peers in Health Care with >$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.09×
Peer Median0.58×
💰
$9.1B
Total Revenue
📊
$8.9B
Total Expenses
🏦
$9.8B
Net Assets
📋
$3.6B
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+8.8%
Year-over-year change (2022 → 2023)
Net Margin
+2.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.09
Net assets divided by total expenses
Liabilities-to-Assets
26.6%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$9,147,061,001↑9%$8,938,053,992↑11%$13,337,106,763↑5%
2022$8,405,195,352↑9%$8,056,257,368↑11%$12,725,993,747↑4%
2021$7,740,015,350↑17%$7,265,438,667↑12%$12,204,330,471↑12%
2020$6,641,318,149↑2%$6,473,906,012↑5%$10,856,787,981↓1%
2019$6,481,094,256↑17%$6,150,079,387↑19%$11,000,741,502↑10%
2018$5,520,610,016↑9%$5,188,852,446↑10%$9,984,226,689
2017$5,072,180,450↑10%$4,726,750,161↑14%$9,994,738,417↑5%
2016$4,620,705,638↑16%$4,141,774,961↑13%$9,522,248,401↑14%
2015$3,989,206,369↑48%$3,674,604,442↑53%$8,352,625,115↑56%
2014$2,691,040,647↑43%$2,394,046,683↑31%$5,364,670,376↑8%
2013$1,877,862,656$1,828,831,099↑4%$4,952,272,240↑10%
2012$1,885,236,861$1,759,559,744$4,493,292,214

Frequently Asked Questions

What does Northwestern Memorial Healthcare do?▼

Northwestern Memorial Healthcare is a health care nonprofit organization based in Illinois. It is classified under NTEE code E22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Northwestern Memorial Healthcare financially healthy?▼

Based on our 9-metric Financial Health Score model, Northwestern Memorial Healthcare 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 Northwestern Memorial Healthcare generate?▼

Northwestern Memorial Healthcare reports $10.1B in annual revenue and holds $14.2B in total assets, based on IRS filings.

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