E — Health CareEIN: 363152959

Northwestern Memorial Healthcare

Chicago, Illinois

B+Health Score
68B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 354 peers in Health Care with >$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.74×
Peer Median0.58×
💰
$2.1B
Total Revenue
📊
$1.7B
Total Expenses
🏦
$2.9B
Net Assets
📋
$10.9B
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+2.4%
Year-over-year change (2022 → 2023)
Net Margin
+18.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.74
Net assets divided by total expenses
Liabilities-to-Assets
78.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,057,415,454↑2%$1,684,720,180↑8%$13,848,071,678↑13%
2022$2,009,411,319↑4%$1,556,886,755↑9%$12,205,294,228↓5%
2021$1,940,088,949↑28%$1,432,403,223↑11%$12,831,005,133↑25%
2020$1,513,487,183↑23%$1,292,087,754↑16%$10,251,425,251↑31%
2019$1,226,577,935↑3%$1,113,739,354↑13%$7,799,373,596↑9%
2018$1,193,319,992↑30%$985,573,720↑32%$7,154,079,035↑8%
2017$917,002,190↑101%$745,452,267↑9%$6,619,018,872↑17%
2016$456,908,350↑6%$686,958,217↑48%$5,658,799,244↑11%
2015$432,069,394↑3%$464,599,578↑21%$5,105,481,772↑40%
2014$421,341,824↑35%$383,924,486↑37%$3,638,579,676↑26%
2013$312,470,775↑93%$279,798,436↑72%$2,890,124,089↑4311%
2012$161,829,018↑480%$162,333,873↑496%$65,517,322↑54%
2011$27,881,154$27,217,948$42,461,361

Frequently Asked Questions

What does Northwestern Memorial Healthcare do?▼

Northwestern Memorial Healthcare is a health care nonprofit organization based in Illinois. It is classified under NTEE code E22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Northwestern Memorial Healthcare financially healthy?▼

Based on our 9-metric Financial Health Score model, Northwestern Memorial Healthcare has a score of 68/100 (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 Northwestern Memorial Healthcare generate?▼

Northwestern Memorial Healthcare reports $2.3B in annual revenue and holds $15.2B in total assets, based on IRS filings.

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