E — Health CareEIN: 066068853

Norwalk Hospital Association

Norwalk, Connecticut

BHealth Score
64B

Financial Health Score

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

Above Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org0.98×
Peer Median0.50×
💰
$419.0M
Total Revenue
📊
$443.3M
Total Expenses
🏦
$434.5M
Net Assets
📋
$285.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+3.5%
Year-over-year change (2022 → 2023)
Net Margin
-5.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.98
Net assets divided by total expenses
Liabilities-to-Assets
39.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$418,962,236↑4%$443,344,321↑5%$720,288,595↓9%
2022$404,720,317↑1%$421,736,967↑5%$794,136,829
2021$402,634,806↓5%$400,928,677↓2%$792,848,163↑14%
2020$425,486,882↑4%$408,192,474$694,830,905↑5%
2019$409,990,308↓1%$408,589,360↑5%$664,303,538↑2%
2018$413,973,859↑5%$390,707,436↑2%$653,817,365↑2%
2017$395,737,813↑1%$381,813,791↑1%$638,413,652
2016$390,871,705↑3%$379,210,002↑7%$638,508,505
2015$377,735,133↑11%$354,408,279↑15%$639,545,087↑5%
2014$340,372,773↓3%$307,305,076↓9%$609,496,496↑13%
2013$352,659,357↓8%$335,881,020↓6%$538,094,167↑24%
2012$385,085,500↑6%$358,630,093↑6%$432,888,470↑25%
2011$363,503,213$338,262,542$347,466,749

Frequently Asked Questions

What does Norwalk Hospital Association do?▼

Norwalk Hospital Association 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 Norwalk Hospital Association financially healthy?▼

Based on our 9-metric Financial Health Score model, Norwalk Hospital Association has a score of 64/100 (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 Norwalk Hospital Association generate?▼

Norwalk Hospital Association reports $433.1M in annual revenue and holds $693.8M in total assets, based on IRS filings.

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