Multicare Health System
Tacoma, Washington
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)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $4,500,119,544↑5% | $4,497,628,502↑6% | $6,109,937,704↑4% | |
| 2022 | $4,302,865,545↑11% | $4,247,451,115↑15% | $5,895,297,278↓2% | — |
| 2021 | $3,884,628,307↑16% | $3,696,619,413↑14% | $5,997,507,394↑5% | — |
| 2020 | $3,352,640,659↑3% | $3,244,135,092↑4% | $5,732,640,112↑17% | — |
| 2019 | $3,239,930,611↑11% | $3,114,891,357↑13% | $4,914,390,204↑13% | — |
| 2018 | $2,930,199,547↑24% | $2,753,453,188↑25% | $4,353,484,139↑1% | — |
| 2017 | $2,365,046,085↑20% | $2,195,849,957↑18% | $4,302,485,808↑19% | — |
| 2016 | $1,967,198,602 | $1,854,908,380↑5% | $3,604,113,624↑6% | — |
| 2015 | $1,967,549,896↑1% | $1,759,172,285↑4% | $3,396,517,115↑6% | — |
| 2014 | $1,943,519,321↑2% | $1,695,748,766↑1% | $3,218,850,057↑8% | — |
| 2013 | $1,898,550,376↑10% | $1,676,362,025↑10% | $2,986,450,066↑13% | — |
| 2012 | $1,728,805,322↑26% | $1,521,433,022↑14% | $2,649,801,471↑17% | — |
| 2011 | $1,375,240,436 | $1,331,270,975 | $2,270,274,326 | — |
Frequently Asked Questions
What does Multicare Health System do?▼
Multicare Health System is a health care nonprofit organization based in Washington. It is classified under NTEE code E210 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Multicare Health System financially healthy?▼
Based on our 9-metric Financial Health Score model, Multicare Health System has a score of 69/100 (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 Multicare Health System generate?▼
Multicare Health System reports $5.0B in annual revenue and holds $6.3B in total assets, based on IRS filings.
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