E — Health CareEIN: 042864973

Health New England & Subsidiaries

Springfield, Massachusetts

B-Health Score
52B-

Financial Health Score

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

Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org0.06×
Peer Median0.50×
💰
$990.8M
Total Revenue
📊
$1.0B
Total Expenses
🏦
$64.7M
Net Assets
📋
$231.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+6.5%
Year-over-year change (2022 → 2023)
Net Margin
-2.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.06
Net assets divided by total expenses
Liabilities-to-Assets
78.1%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$990,780,932↑6%$1,016,731,021↑10%$295,692,088↑1%
2022$930,545,645↑7%$923,558,117↑5%$292,952,185↑11%
2021$871,340,973↑12%$882,663,336↑16%$263,944,212↑4%
2020$777,982,397↑6%$761,123,391↑4%$254,172,988↑16%
2019$732,351,554↓5%$729,854,974↓5%$219,242,984↑18%
2018$773,860,706↓14%$767,383,113↓13%$185,688,742↓17%
2017$900,480,353↓4%$879,604,116↓4%$224,898,351↑21%
2016$933,880,671↑4%$912,375,144↓1%$185,194,570↑12%
2015$900,956,334↑52%$922,549,521↑54%$165,499,490↑10%
2014$594,076,260$600,754,248$151,023,845

Frequently Asked Questions

What does Health New England & Subsidiaries do?▼

Health New England & Subsidiaries is a health care nonprofit organization based in Massachusetts. It is classified under NTEE code E310 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Health New England & Subsidiaries financially healthy?▼

Based on our 9-metric Financial Health Score model, Health New England & Subsidiaries has a score of 52/100 (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 Health New England & Subsidiaries generate?▼

Health New England & Subsidiaries reports $995.6M in annual revenue and holds $294.1M in total assets, based on IRS filings.

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