Z — UnclassifiedEIN: 930863097

Providence Health Plan

Renton, Washington

BHealth Score
64B

Financial Health Score

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

Above Average

How This Organization Compares

Compared to 93 peers in Unclassified with >$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.32×
Peer Median0.37×
💰
$2.5B
Total Revenue
📊
$2.5B
Total Expenses
🏦
$797.8M
Net Assets
📋
$655.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+12.2%
Year-over-year change (2022 → 2023)
Net Margin
-1.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.32
Net assets divided by total expenses
Liabilities-to-Assets
45.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,454,838,003↑12%$2,499,525,966↑13%$1,453,128,454↑7%
2022$2,188,608,483↑5%$2,217,056,180↑8%$1,353,250,976↓5%
2021$2,089,967,036↑63%$2,046,806,633↑79%$1,424,937,219↑29%
2020$1,281,920,151↓7%$1,141,101,479↓11%$1,106,902,415↑25%
2019$1,371,503,222↓6%$1,282,928,099↓10%$884,838,589↑2%
2018$1,462,698,036↑5%$1,424,860,914↑4%$866,877,559↑9%
2017$1,390,827,146↑15%$1,375,757,075↑11%$792,530,930↑7%
2016$1,207,001,064↓6%$1,236,656,680↓9%$739,167,042↓4%
2015$1,288,597,166↑9%$1,353,574,832↑17%$768,004,114
2014$1,176,982,833↑2%$1,159,935,771↑5%$767,033,517↑6%
2013$1,150,483,733↑2%$1,107,752,533↑2%$720,228,488↑9%
2012$1,125,865,174↑2%$1,081,086,884↓1%$663,428,937↑10%
2011$1,107,279,385$1,093,528,163$601,828,582

Frequently Asked Questions

What does Providence Health Plan do?▼

Providence Health Plan is a unclassified nonprofit organization based in Washington. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Providence Health Plan financially healthy?▼

Based on our 9-metric Financial Health Score model, Providence Health Plan has a score of 64/100 (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 Providence Health Plan generate?▼

Providence Health Plan reports $2.6B in annual revenue and holds $1.2B in total assets, based on IRS filings.

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