EHealth CareEIN: 341626664· Ruling Year: 1989

Parma Hospital Health Care Foundation

Parma, Ohio

A-Health Score
77A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 2 peers in Health Care with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org19.26×
Peer Median29.34×
💰
$1.7M
Total Revenue
📊
$517K
Total Expenses
🏦
$10.0M
Net Assets
📋
$1.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+3.7%
Year-over-year change (2022 → 2023)
Net Margin
+69.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
19.26
Net assets divided by total expenses
Liabilities-to-Assets
12.2%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$1,716,2684%$516,8574%$11,330,75317%
2022$1,655,80012%$537,9432%$9,697,62113%
2021$1,883,5939%$549,86343%$11,099,63111%
2020$1,733,23075%$960,19256%$9,958,74715%
2019$993,09539%$2,162,1751571%$8,660,63613%
2018$1,634,596142%$129,39057%$7,654,40913%
2017$675,885194%$301,20574%$6,790,8297%
2016$230,21573%$1,166,137177%$6,338,9143%
2015$860,36474%$420,76269%$6,171,1091%
2014$3,273,831295%$1,355,002249%$6,206,69343%
2013$829,68222%$387,73671%$4,355,09820%
2012$679,75325%$1,317,102299%$3,638,58913%
2011$543,43624%$330,0854%$3,211,9444%
2010$715,238$316,138$3,333,654

Frequently Asked Questions

What does Parma Hospital Health Care Foundation do?

Parma Hospital Health Care Foundation is a health care nonprofit organization based in Ohio. It is classified under NTEE code E22I and is registered as a 501(c) tax-exempt organization with the IRS.

Is Parma Hospital Health Care Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Parma Hospital Health Care Foundation has a score of 77/100 (Grade: A-). 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 Parma Hospital Health Care Foundation generate?

Parma Hospital Health Care Foundation reports $1.6M in annual revenue and holds $11.4M in total assets, based on IRS filings.

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