Multicare Foundations
Tacoma, Washington
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Excellent
How This Organization Compares
Compared to 39 peers in Health Care with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $16,201,415↑20% | $7,719,247↓27% | $74,224,769↑17% | — |
| 2022 | $13,473,210↑20% | $10,594,754↑5% | $63,496,387↓9% | — |
| 2021 | $11,201,582↑3% | $10,052,721↑14% | $69,482,903↑17% | — |
| 2020 | $10,897,860↓24% | $8,781,614↓49% | $59,159,386↑137% | — |
| 2019 | $14,383,601↑112% | $17,057,003↑283% | $24,966,910↓10% | — |
| 2018 | $6,781,807↑16% | $4,457,067↑15% | $27,687,584↑1% | — |
| 2017 | $5,834,570↑26% | $3,890,297↓12% | $27,432,142↑22% | — |
| 2016 | $4,629,426↑55% | $4,399,764↓4% | $22,438,473↑2% | — |
| 2015 | $2,991,267↓52% | $4,605,630↓17% | $22,084,623↓7% | — |
| 2014 | $6,279,127↓17% | $5,559,511↑43% | $23,722,301↑3% | — |
| 2013 | $7,524,385↑69% | $3,875,972↓16% | $23,123,694↑22% | — |
| 2012 | $4,458,896↓12% | $4,621,463↓5% | $18,953,805↑1% | — |
| 2011 | $5,057,829 | $4,849,666 | $18,813,130 | — |
Frequently Asked Questions
What does Multicare Foundations do?▼
Multicare Foundations is a health care nonprofit organization based in Washington. It is classified under NTEE code E120 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Multicare Foundations financially healthy?▼
Based on our 9-metric Financial Health Score model, Multicare Foundations has a score of 91/100 (Grade: A). 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 Multicare Foundations generate?▼
Multicare Foundations reports $17.8M in annual revenue and holds $92.1M in total assets, based on IRS filings.
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