ZUnclassifiedEIN: 330283773

Providence Medical Institute

Renton, Washington

DHealth Score
27D

Financial Health Score

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

Poor

How This Organization Compares

Compared to 664 peers in Unclassified with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org-0.34×
Peer Median0.87×
💰
$222.0M
Total Revenue
📊
$222.2M
Total Expenses
🏦
-$74.9M
Net Assets
📋
$156.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+1.2%
Year-over-year change (2022 → 2023)
Net Margin
-0.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.34
Net assets divided by total expenses
Liabilities-to-Assets
191.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$222,016,1191%$222,156,1791%$81,658,61318%
2022$219,286,342$219,286,3421%$99,506,6814%
2021$219,160,7336%$217,952,5357%$103,760,4336%
2020$205,881,23080%$204,201,0472%$98,266,1975%
2019$114,389,82510%$208,265,3232%$103,103,87713%
2018$127,047,3752%$213,543,6538%$91,501,8044%
2017$129,340,1934%$196,864,1822%$88,088,78121%
2016$134,296,25340%$193,243,16325%$111,153,42219%
2015$95,851,65128%$154,258,80721%$93,707,09721%
2014$75,010,72112%$127,377,45326%$77,466,74244%
2013$66,742,9282%$101,001,9869%$53,800,77716%
2012$68,023,3471%$92,931,49110%$46,222,71517%
2011$67,279,229$84,718,397$39,562,460

Frequently Asked Questions

What does Providence Medical Institute do?

Providence Medical Institute is a unclassified nonprofit organization based in Washington. It is classified under NTEE code Z99Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Providence Medical Institute financially healthy?

Based on our 9-metric Financial Health Score model, Providence Medical Institute has a score of 27/100 (Grade: D). 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 Providence Medical Institute generate?

Providence Medical Institute reports $182.6M in annual revenue and holds $71.2M in total assets, based on IRS filings.

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