E — Health 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$9,778,288,664↑61%$10,122,138,729↑3%$8,459,135,189↓4%
2022$6,064,807,534↓36%$9,874,530,428↑5%$8,832,233,459↓25%
2021$9,472,918,071↑19%$9,377,321,238↑17%$11,792,986,725↑1%
2020$7,956,716,314↑59%$8,006,717,142↑9%$11,692,053,785↑10%
2019$5,017,252,762↓1%$7,332,121,189↑3%$10,614,613,332↓33%
2018$5,089,242,373↓28%$7,130,441,417↓18%$15,777,348,778↑11%
2017$7,052,549,601↑11%$8,740,657,270↑8%$14,238,634,539↑23%
2016$6,339,018,310↑6%$8,056,941,742↑11%$11,565,859,360↓13%
2015$5,953,431,215↑16%$7,250,274,546↑50%$13,253,167,313↑30%
2014$5,134,601,111↑16%$4,834,543,626↑2%$10,159,130,383↑43%
2013$4,416,982,533↑4%$4,753,674,523↑25%$7,118,136,633↓1%
2012$4,234,327,079↑17%$3,804,048,512↑8%$7,187,936,085↑29%
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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