E — Health CareEIN: 382027689

Allegiance Health

Jackson, Michigan

B+Health Score
71B+

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

Working Capital Ratio (net assets ÷ expenses)

This Org0.63×
Peer Median0.50×
💰
$828.1M
Total Revenue
📊
$784.1M
Total Expenses
🏦
$496.6M
Net Assets
📋
$310.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+4.3%
Year-over-year change (2022 → 2023)
Net Margin
+5.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.63
Net assets divided by total expenses
Liabilities-to-Assets
38.5%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$828,053,363↑4%$784,110,011↑3%$807,404,458↑6%
2022$794,122,795↑2%$764,590,573↑2%$762,216,405↓12%
2021$777,611,253↑10%$748,705,936↑9%$867,319,103↑4%
2020$709,583,429↓1%$687,720,421↑3%$830,742,312↑25%
2019$717,303,135↑16%$666,951,259↑11%$667,260,606↑31%
2018$616,417,825↑6%$602,044,972↑2%$508,997,334↓1%
2017$578,847,571↑102%$587,960,836↑99%$516,461,443↑4%
2016$285,931,616↓43%$295,466,412↓42%$495,697,425↑1%
2016$502,942,885↑3%$507,720,385↑8%$493,063,032↓2%
2015$487,572,304↑5%$469,113,843↑2%$500,875,035↓2%
2014$465,884,384↑9%$457,785,635↑5%$511,854,393↑3%
2013$427,204,110↑1%$437,986,300↑5%$498,210,237↑5%
2012$421,495,355↑5%$417,286,964↑3%$472,377,426
2011$401,593,529$404,041,650$471,756,796

Frequently Asked Questions

What does Allegiance Health do?▼

Allegiance Health is a health care nonprofit organization based in Michigan. It is classified under NTEE code E220 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Allegiance Health financially healthy?▼

Based on our 9-metric Financial Health Score model, Allegiance Health has a score of 71/100 (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 Allegiance Health generate?▼

Allegiance Health reports $907.6M in annual revenue and holds $945.2M in total assets, based on IRS filings.

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