E — Health CareEIN: 341887844

Summa Health

Akron, Ohio

A-Health Score
80A-

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

Working Capital Ratio (net assets ÷ expenses)

This Org1.81×
Peer Median0.50×
💰
$214.0M
Total Revenue
📊
$184.3M
Total Expenses
🏦
$334.3M
Net Assets
📋
$616.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-14.1%
Year-over-year change (2021 → 2022)
Net Margin
+13.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.81
Net assets divided by total expenses
Liabilities-to-Assets
64.8%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2022$213,963,221↓14%$184,337,477↑9%$950,483,781↓24%
2021$248,984,093↑50%$168,353,004↑15%$1,250,438,155↑2%
2020$166,457,390↓13%$146,309,953↓9%$1,226,509,582↑16%
2019$190,520,110↑22%$160,880,308↑9%$1,054,496,798↑6%
2018$156,800,554↓20%$147,768,155↓2%$992,669,368↓13%
2017$196,916,523↑22%$151,209,387↑2%$1,141,677,583↑11%
2016$161,548,652↑19%$147,821,330↑12%$1,033,172,698↑31%
2015$135,637,959↑18%$131,990,258↑22%$788,256,582↑12%
2014$114,691,766↑142%$108,048,974↑137%$705,767,404↑88%
2013$47,370,309↑299%$45,683,379↑954%$374,672,189↑243%
2012$11,858,352↑28%$4,333,190↓5%$109,314,398↑5%
2011$9,287,130$4,574,532$104,484,276

Frequently Asked Questions

What does Summa Health do?▼

Summa Health is a health care nonprofit organization based in Ohio. It is classified under NTEE code E21 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Summa Health financially healthy?▼

Based on our 9-metric Financial Health Score model, Summa Health has a score of 80/100 (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 Summa Health generate?▼

Summa Health reports $268.0M in annual revenue and holds $978.6M in total assets, based on IRS filings.

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