E — Health CareEIN: 521273592

Lifenet Health

Virginia Bch, Virginia

B+Health Score
72B+

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

Working Capital Ratio (net assets ÷ expenses)

This Org0.73×
Peer Median0.50×
💰
$535.5M
Total Revenue
📊
$520.2M
Total Expenses
🏦
$380.0M
Net Assets
📋
$257.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+17.3%
Year-over-year change (2022 → 2023)
Net Margin
+2.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.73
Net assets divided by total expenses
Liabilities-to-Assets
40.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$535,478,299↑17%$520,247,214↑17%$637,718,043↑16%
2022$456,633,012$443,032,293↑2%$551,891,048↑7%
2021$455,372,311↑12%$434,702,789↑16%$516,500,222↑3%
2020$407,112,272↓8%$376,365,281↓10%$503,270,241↑16%
2019$441,142,112↑5%$418,080,406↑8%$434,579,803↑8%
2018$418,564,024↑11%$386,000,217↑15%$402,809,361↑8%
2017$376,123,942↑7%$336,221,824↑16%$373,178,088↑14%
2016$352,554,205↑35%$289,255,742↑20%$326,479,160↑31%
2015$260,188,283↑24%$240,800,853↑15%$248,544,417↑14%
2014$210,059,963$209,144,869↑3%$217,916,381↑7%
2013$210,955,289↑20%$203,765,820↑19%$204,125,905↑10%
2012$175,624,673↑12%$171,637,005↑15%$185,463,893↑3%
2011$156,976,614$149,432,664$180,025,290

Frequently Asked Questions

What does Lifenet Health do?▼

Lifenet Health is a health care nonprofit organization based in Virginia. It is classified under NTEE code E65 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Lifenet Health financially healthy?▼

Based on our 9-metric Financial Health Score model, Lifenet Health has a score of 72/100 (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 Lifenet Health generate?▼

Lifenet Health reports $598.6M in annual revenue and holds $650.8M in total assets, based on IRS filings.

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