Tufts Health Public Plans INC

Canton, Massachusetts

CHealth Score
37C

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 9 peers in Mutual & Membership Benefit with >$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.18×
Peer Median0.15×
💰
$2.5B
Total Revenue
📊
$2.5B
Total Expenses
🏦
$437.5M
Net Assets
📋
$718.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-14.4%
Year-over-year change (2022 → 2023)
Net Margin
-0.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.18
Net assets divided by total expenses
Liabilities-to-Assets
62.2%
Total liabilities as % of total assets

Filing History

9 filings on record
YearRevenueExpensesAssets
2023$2,470,895,82414%$2,479,848,70313%$1,156,361,9187%
2022$2,887,097,8536%$2,846,959,0223%$1,077,858,4717%
2021$2,728,584,7458%$2,775,239,4887%$1,008,368,32014%
2020$2,527,590,38014%$2,589,912,93017%$881,482,92915%
2019$2,212,357,8021%$2,204,794,9074%$767,664,31117%
2018$2,180,534,84621%$2,126,571,15717%$653,961,79011%
2017$1,807,858,85817%$1,813,994,26817%$588,373,24611%
2016$1,540,187,97416%$1,549,770,26420%$529,677,7808%
2015$1,327,559,338$1,293,555,307$490,637,457

Frequently Asked Questions

What does Tufts Health Public Plans INC do?

Tufts Health Public Plans INC is a mutual & membership benefit nonprofit organization based in Massachusetts. It is classified under NTEE code Y20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Tufts Health Public Plans INC financially healthy?

Based on our 9-metric Financial Health Score model, Tufts Health Public Plans INC has a score of 37/100 (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 Tufts Health Public Plans INC generate?

Tufts Health Public Plans INC reports $2.6B in annual revenue and holds $988.4M in total assets, based on IRS filings.

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