EHealth CareEIN: 510216586

Providence Health & Services Washington

Renton, Washington

CHealth Score
38C

Financial Health Score

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

Below Average

How This Organization Compares

Compared to 354 peers in Health Care with >$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.14×
Peer Median0.58×
💰
$9.8B
Total Revenue
📊
$10.1B
Total Expenses
🏦
$1.4B
Net Assets
📋
$7.0B
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+61.2%
Year-over-year change (2022 → 2023)
Net Margin
-3.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.14
Net assets divided by total expenses
Liabilities-to-Assets
83.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$9,778,288,66461%$10,122,138,7293%$8,459,135,1894%
2022$6,064,807,53436%$9,874,530,4285%$8,832,233,45925%
2021$9,472,918,07119%$9,377,321,23817%$11,792,986,7251%
2020$7,956,716,31459%$8,006,717,1429%$11,692,053,78510%
2019$5,017,252,7621%$7,332,121,1893%$10,614,613,33233%
2018$5,089,242,37328%$7,130,441,41718%$15,777,348,77811%
2017$7,052,549,60111%$8,740,657,2708%$14,238,634,53923%
2016$6,339,018,3106%$8,056,941,74211%$11,565,859,36013%
2015$5,953,431,21516%$7,250,274,54650%$13,253,167,31330%
2014$5,134,601,11116%$4,834,543,6262%$10,159,130,38343%
2013$4,416,982,5334%$4,753,674,52325%$7,118,136,6331%
2012$4,234,327,07917%$3,804,048,5128%$7,187,936,08529%
2011$3,618,345,347$3,512,493,322$5,566,177,800

Frequently Asked Questions

What does Providence Health & Services Washington do?

Providence Health & Services Washington is a health care nonprofit organization based in Washington. It is classified under NTEE code E210 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Providence Health & Services Washington financially healthy?

Based on our 9-metric Financial Health Score model, Providence Health & Services Washington has a score of 38/100 (Grade: C). 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 Providence Health & Services Washington generate?

Providence Health & Services Washington reports $9.7B in annual revenue and holds $9.3B in total assets, based on IRS filings.

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