E — Health CareEIN: 222861978

Lifespan Corporation

Providence, Rhode Island

B-Health Score
54B-

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 Org0.16×
Peer Median0.50×
💰
$302.2M
Total Revenue
📊
$294.8M
Total Expenses
🏦
$48.5M
Net Assets
📋
$204.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+6.0%
Year-over-year change (2022 → 2023)
Net Margin
+2.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.16
Net assets divided by total expenses
Liabilities-to-Assets
80.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$302,231,899↑6%$294,759,300↑3%$252,969,121↑8%
2022$285,097,737↑1%$287,327,416↑5%$234,961,621↓8%
2021$281,124,527↑10%$273,271,113↑14%$256,655,537↑64%
2020$255,734,605↑6%$239,971,511↑1%$156,472,473↑48%
2019$240,445,480↑9%$238,550,780↑19%$105,528,055↑26%
2018$221,484,177↑8%$201,300,414↑2%$83,591,650↑14%
2017$204,838,020↑2%$197,036,937↑1%$73,274,748↑12%
2016$200,757,000↑7%$195,699,320↑5%$65,156,601↑6%
2015$187,248,118↑20%$185,811,606↑23%$61,527,516↑18%
2014$156,681,645↑9%$150,608,137↑3%$52,235,033↑57%
2013$143,494,055↑7%$145,535,972$33,185,223↓10%
2012$134,235,273↑5%$145,295,855↑13%$36,702,352↓4%
2011$127,958,000$128,978,991$38,142,513

Frequently Asked Questions

What does Lifespan Corporation do?▼

Lifespan Corporation is a health care nonprofit organization based in Rhode Island. It is classified under NTEE code E020 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Lifespan Corporation financially healthy?▼

Based on our 9-metric Financial Health Score model, Lifespan Corporation has a score of 54/100 (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 Lifespan Corporation generate?▼

Lifespan Corporation reports $352.6M in annual revenue and holds $478.8M in total assets, based on IRS filings.

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