E — Health CareEIN: 752559845

Shannon Medical Center

San Angelo, Texas

A-Health Score
75A-

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 Org0.81×
Peer Median0.50×
💰
$654.8M
Total Revenue
📊
$559.6M
Total Expenses
🏦
$452.4M
Net Assets
📋
$113.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+4.7%
Year-over-year change (2022 → 2023)
Net Margin
+14.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.81
Net assets divided by total expenses
Liabilities-to-Assets
20.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$654,836,540↑5%$559,564,394↑5%$566,070,256↑12%
2022$625,426,964↑9%$533,474,194↑8%$506,449,349
2021$575,714,031↑33%$495,032,846↑32%$508,828,126↑28%
2020$432,187,513↑9%$373,737,258↑11%$398,658,748
2019$397,332,420↑6%$335,868,407↑11%$397,560,093↓1%
2018$375,133,694↑10%$302,278,462↑7%$402,689,472↓1%
2017$342,013,499↓1%$283,266,991↑1%$406,369,557↑4%
2016$344,679,739↑8%$281,635,447↑8%$392,361,351↑11%
2015$320,468,956↑11%$260,096,027↑8%$354,696,407↑3%
2014$288,445,724↑2%$240,888,823↓6%$343,353,495↑11%
2013$282,845,153↑20%$256,620,928↑22%$309,018,787↑2%
2012$236,066,018↑1%$210,811,179↑6%$301,748,880↑14%
2011$232,642,459$198,736,337$264,993,302

Frequently Asked Questions

What does Shannon Medical Center do?▼

Shannon Medical Center is a health care nonprofit organization based in Texas. It is classified under NTEE code E220 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Shannon Medical Center financially healthy?▼

Based on our 9-metric Financial Health Score model, Shannon Medical Center has a score of 75/100 (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 Shannon Medical Center generate?▼

Shannon Medical Center reports $740.3M in annual revenue and holds $562.5M in total assets, based on IRS filings.

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