Midstate Medical Center
Hartford, Connecticut
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 1225 peers in Health Care with $100M-$1B 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 | $478,470,804↑9% | $465,983,868↑10% | $474,857,778↑2% | |
| 2022 | $439,842,089↑7% | $424,155,725↑12% | $467,211,742↑2% | — |
| 2021 | $410,150,277↑8% | $379,470,588↑6% | $459,995,708↑14% | — |
| 2020 | $379,906,364↑19% | $356,518,886↑22% | $402,305,670↑21% | — |
| 2019 | $320,059,067↑13% | $291,243,590↑10% | $331,693,554↑9% | — |
| 2018 | $283,390,732↑22% | $265,279,078↑19% | $304,607,474↑6% | — |
| 2017 | $232,310,545↓3% | $222,485,526↑3% | $287,967,028↑4% | — |
| 2016 | $239,159,457↑3% | $216,926,035↑3% | $275,954,166↑1% | — |
| 2015 | $232,747,203↑1% | $211,178,782↑1% | $271,884,855↓2% | — |
| 2014 | $230,245,746↓1% | $208,773,520↓2% | $276,677,123↑1% | — |
| 2013 | $231,868,096↓8% | $213,913,168↓9% | $273,104,731↓7% | — |
| 2012 | $252,800,734↑16% | $235,433,968↑12% | $292,807,780↑19% | — |
| 2011 | $218,721,222 | $209,541,673 | $246,981,756 | — |
Frequently Asked Questions
What does Midstate Medical Center do?▼
Midstate Medical Center is a health care nonprofit organization based in Connecticut. It is classified under NTEE code E220 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Midstate Medical Center financially healthy?▼
Based on our 9-metric Financial Health Score model, Midstate Medical Center has a score of 72/100 (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 Midstate Medical Center generate?▼
Midstate Medical Center reports $443.4M in annual revenue and holds $517.2M in total assets, based on IRS filings.
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