E — Health CareEIN: 431704371

Freeman Health System

Joplin, Missouri

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

Working Capital Ratio (net assets ÷ expenses)

This Org0.82×
Peer Median0.50×
💰
$654.5M
Total Revenue
📊
$629.0M
Total Expenses
🏦
$513.5M
Net Assets
📋
$176.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+1.7%
Year-over-year change (2022 → 2023)
Net Margin
+3.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.82
Net assets divided by total expenses
Liabilities-to-Assets
25.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$654,512,246↑2%$628,958,111↑5%$689,877,748↓8%
2022$643,470,482↑8%$601,261,756↑8%$746,514,735
2021$596,274,596↑4%$557,918,461↑4%$748,525,518↑38%
2020$572,145,425↑3%$536,611,846↑4%$542,526,560↑2%
2019$553,530,385↓2%$513,690,534↓3%$533,165,787↑8%
2018$563,515,526↑3%$531,248,867↑1%$492,572,765↑4%
2017$546,112,416↑3%$524,097,677↑5%$475,347,273↑7%
2016$531,523,621↑3%$499,437,285↑1%$443,766,269↑7%
2015$515,255,194↑7%$494,756,881↑3%$415,275,827↑6%
2014$481,793,290↓3%$478,678,703↓3%$390,339,421↑3%
2013$496,585,481↑5%$493,401,427↑9%$378,578,769↓1%
2012$472,537,181↑16%$452,314,493↑11%$383,470,034↑12%
2011$408,995,110$406,532,556$343,516,979

Frequently Asked Questions

What does Freeman Health System do?▼

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

Is Freeman Health System financially healthy?▼

Based on our 9-metric Financial Health Score model, Freeman Health System 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 Freeman Health System generate?▼

Freeman Health System reports $709.6M in annual revenue and holds $734.7M in total assets, based on IRS filings.

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