Providence Health & Services Washington
63% goes to programs $4 to raise $100
Providence Health & Services Washington is a 501(c)(3) organization based in Renton, Washington, registered in 2001, with $9,728,808,188 in FY2024 revenue. CharityIndex grades it B+, and it directs about 63% of spending to programs.
1801 Lind Ave Sw Attn Tax Dept, Renton, WA, 98057 EIN 51-0216586 Since 2001
Revenue (FY2024)
$9.7B
▼ 0.5% vs prior year
Health median: $840K
Expenses (FY2024)
$9.3B
Net assets
$1.9B
Employees
46,131
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
C+Program efficiency40% of the rating63% to programs · $4 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Providence Health & Services Washington: 63% to programs · $4 to raise $100 earns a C+ on this criterion. See the exact thresholds →
BFinancial health25% of the rating2 mo reserves · +4% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Providence Health & Services Washington: 2 mo reserves · +4% margin earns a B on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Providence Health & Services Washington: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Providence Health & Services Washington: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
As expressions of god's healing love, witnessed through the ministry of jesus, we are steadfast in serving all, especially those who are poor and vulnerable.
What they do
Providence health & services - washington provides key corporate services to organizations within the providence health system. these services include but are not limited to community benefit planning, human resources, payroll, information technology, information security, legal, and finance.
See schedule olong-term care, homecare, hospice care, housing, healthcare joint ventures, pharmacy services provided to patients, and many other program service accomplishments. ltc/hospice/housing & assisted livingprovidence hospice and home care of snohomish county has a 16-bed inpatient hospice care center to meet the community's growing need for compassionate, highly-skilled, 24/7 nursing care for terminally ill adults and children. the care center is very different from a typical hospital environment and was specially-designed to look and feel like home. it includes comfortable furniture, a soothing neutral color scheme and warm details like wood flooring and natural lighting in every patient room. the care center is designed to encourage families to spend quality time together for as long as they wish. each private room has a comfortable chair that pulls out into a bed so loved ones can spend the night. in addition, there is a cozy living room, a large dining room and a full kitchen where family members and guests can prepare the patient's favorite foods.grant & allocations - see schedules f & i
Contact & location
- Address
- 1801 Lind Ave Sw Attn Tax Dept, Renton, WA, 98057
- City
- Renton
- State
- Washington
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $4.4B (FY2013) to $9.7B (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $7.4BNet assets $1.9B
Operating margin
4.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$9.3B
Total liabilities
$7.4B
Net assets
$1.9B
Salaries & benefits
$5.0B
54% of expenses
Board members
12
12 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $9,728,808,188▼0.5% | $9,324,180,055▼7.9% | $1,935,335,369▲37.3% | $9,316,459,615▲10.1% | 990 |
| 2023 | $9,778,288,664▲61.2% | $10,122,138,729▲2.5% | $1,409,369,814▼20.8% | $8,459,135,189▼4.2% | 990 |
| 2022 | $6,064,807,534▼36.0% | $9,874,530,428▲5.3% | $1,780,137,804▼38.6% | $8,832,233,459▼25.1% | 990 |
| 2021 | $9,472,918,071▲19.1% | $9,377,321,238▲17.1% | $2,899,000,820▼6.5% | $11,792,986,725▲0.9% | 990 |
| 2020 | $7,956,716,314▲8.6% | $8,006,717,142▲9.3% | $3,099,255,129▼5.8% | $11,692,053,785▲9.1% | 990 |
| 2019 | $7,325,162,567▲4.7% | $7,323,199,782▲2.9% | $3,289,752,577▲3.1% | $10,720,688,902▼32.3% | 990 |
| 2018 | $6,993,887,090▼0.8% | $7,120,051,287▼18.5% | $3,190,902,514▼7.7% | $15,830,793,805▲11.2% | 990 |
| 2017 | $7,052,549,601▲11.3% | $8,740,657,270▲8.5% | $3,456,154,213▲7.6% | $14,238,634,539▲23.1% | 990 |
| 2016 | $6,339,018,310▲6.5% | $8,056,941,742▲11.1% | $3,212,656,808▲18.4% | $11,565,859,360▼12.7% | 990 |
| 2015 | $5,953,431,215▲15.9% | $7,250,274,546▲50.0% | $2,714,089,471▲5.4% | $13,253,167,313▲30.5% | 990 |
| 2014 | $5,134,601,111▲16.2% | $4,834,543,626▲1.7% | $2,574,068,490▲5.6% | $10,159,130,383▲42.7% | 990 |
| 2013 | $4,416,982,533 | $4,753,674,523▲25.0% | $2,437,965,788▲13.8% | $7,118,136,633▼1.0% | 990 |
| 2012 | — | $3,804,048,512▲8.3% | $2,143,043,662▲22.8% | $7,187,936,085▲29.1% | 990 |
| 2011 | — | $3,512,493,322▲3.0% | $1,745,506,488▲7.0% | $5,566,177,800▲10.7% | 990 |
| 2010 | — | $3,411,715,879 | $1,631,131,312 | $5,026,204,416 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Erik Wexler — $8,590,356 (0.09% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Erik Wexler | President/ceo | 50.5 | $8,590,356 |
| Greg Hoffman | Evp & Cfo/treasurer | 51 | $3,880,224 |
| Dinelli Monson | Chief Medical Off. Clinical Network | 50 | $3,414,149 |
| Wasif Rasheed | Chief Rev & Growth Off. - Thru 4/24 | 64.5 | $3,164,494 |
| Greg Till | Chief People Officer | 65 | $2,927,623 |
| Hoda Asmar Md | Evp System Chief Clinical Officer | 64.5 | $2,675,264 |
| Anna Newsom | Evp & Chief Legal Officer/secretary | 57 | $2,610,531 |
| Joel Gilbertson | Division Chief Exec - Central | 17 | $2,511,979 |
| Elizabeth Wako | President and Ceo - Swedish | 0 | $2,511,022 |
| Michael Marshall | Pcn Chief Executive - North | 50 | $2,482,019 |
| Ali Santore | Chief Admin Officer | 62.5 | $2,420,269 |
| Jeff Stolte | Senior Partner Providence Ventures | 50 | $2,327,034 |
| Kevin Brooks | Division Chief Exec - North | 32.5 | $2,223,471 |
| Laureen Driscoll Rn | Division Chief Executive - South | 0.5 | $2,086,520 |
| Sara Vaezy | Evp Chief Strategy and Digital Off. | 63 | $1,932,949 |
| Sylvain Trepanier | Svp Chief Nursing Officer | 55 | $1,444,874 |
| Scott O'brien | Chief Exec Eastern Wa/mt | 27.5 | $1,441,016 |
| Pk Khurana | Chief Strategy Off. - Care Delivery | 54.5 | $1,421,525 |
| Susan Huang | Chief Executive - Pcn | 51 | $1,315,185 |
| Guy Hudson Md | Former Division Ce - North | 0 | $1,311,149 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Microsoft Corporation | Technology Services | $165,646,542 |
| R1 Rcm Holdco Inc | Revenue Cycle Services | $161,757,028 |
| Aya Healthcare Inc | Staffing Services | $152,439,628 |
| Ibm Corp | Technology Services | $67,443,888 |
| Morrison Healthcare | Food Services | $63,557,390 |
Grants received · $41.6M total
80 grants to Providence Health & Services Washington totaling $41.6M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Cystic Fibrosis Foundation | Cf care center | 2024 | $297,610 |
| Cystic Fibrosis Foundation | Clinical research center | 2024 | $132,179 |
| American Online Giving Foundation Inc | General support | 2024 | $13,117 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Medical / public services | 2024 | $12,500 |
| Cystic Fibrosis Foundation | Cf care center | 2023 | $306,420 |
| Cystic Fibrosis Foundation | Clinical research center | 2023 | $205,226 |
| Beth Israel Deaconess Medical Center Inc | Research subcontract | 2023 | $53,162 |
| Amyotrophic Lateral Sclerosis Assn | Annual grant | 2023 | $25,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $23,375 |
| Muscular Dystrophy Association | Medical diagnosis | 2023 | $20,000 |
| American Online Giving Foundation Inc | General support | 2023 | $11,404 |
| National Philanthropic Tr | Education | 2023 | $5,500 |
| Cystic Fibrosis Foundation | Cf care center | 2022 | $329,060 |
| Cystic Fibrosis Foundation | Clinical research center | 2022 | $259,319 |
| Seattle Childrens Hospital | Pediatric medical research grant subaward | 2022 | $62,878 |
Grants made · $21.1M in FY2024
109 grants totaling $21.1M in FY2024 — showing the 15 largest. All grants made by Providence Health & Services Washington →
| Recipient | Purpose | Amount |
|---|---|---|
| Everett Transitional Care Services | Sponsorship | $3,291,000 |
| Providence Health Care Foundation Eastern Washington | Sponsorship | $2,566,997 |
| Providence Mount St Vincent Foundation | Sponsorship | $2,518,225 |
| Providence Alaska Foundation | Sponsorship | $2,249,944 |
| Catholic Social Services | Sponsorship | $1,516,500 |
| Providence General Foundation | Sponsorship | $1,200,772 |
| Brightside Inc | Sponsorship | $750,000 |
| Providence Hospice & Home Care Foundation Snohomish County | Sponsorship | $521,724 |
| Providence St Mary Foundation | Sponsorship | $455,896 |
| Providence Hospice of Seattle Foundation | Sponsorship | $427,961 |
| University of Alaska | Sponsorship | $381,000 |
| Catholic Charities of Spokane | Sponsorship | $340,693 |
| Anchorage Coalition To End Homelessness | Sponsorship | $300,000 |
| Covenant House Alaska | Sponsorship | $250,000 |
| Catholic Charities of Spokane | Sponsorship | $210,000 |
Similar organizations in Health
Health
Providence Health & Services Oregon
Seattle, WA
$5.9B
A+annual revenue
- Health
Multicare Health System
Tacoma, WA
$5.0B
Aannual revenue
Health
Kaiser Foundation Health Plan of Washington
Renton, WA
$4.4B
B+annual revenue
Health
Peacehealth
Vancouver, WA
$3.6B
Aannual revenue
Health
Swedish Health Services
Seattle, WA
$3.3B
Bannual revenue
Health
Seattle Childrens Hospital
Seattle, WA
$2.7B
A+annual revenue
- Health
Providence Health System-southern California
Seattle, WA
$2.3B
Cannual revenue
Health
Fred Hutchinson Cancer Center
Seattle, WA
$2.0B
Aannual revenue
Health
Delta Dental of Washington
Seattle, WA
$1.8B
B+annual revenue
Health
Chp of Washington
Seattle, WA
$1.6B
B+annual revenue
Compare Providence Health & Services Washington
Frequently asked questions
- Is Providence Health & Services Washington a legitimate nonprofit?
- Yes. Providence Health & Services Washington is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 51-0216586, based in Renton, Washington. Donations are tax-deductible.
- What is Providence Health & Services Washington's EIN?
- Providence Health & Services Washington's Employer Identification Number (EIN) is 51-0216586.
- How much revenue does Providence Health & Services Washington report?
- Providence Health & Services Washington reported $9,728,808,188 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Providence Health & Services Washington's spending goes to programs?
- Providence Health & Services Washington spends about 63% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Providence Health & Services Washington have?
- CharityIndex grades Providence Health & Services Washington B+, based on program efficiency and fundraising cost.
- How much does Providence Health & Services Washington's highest-paid employee make?
- The highest reported compensation on Providence Health & Services Washington's latest Form 990 is $8,590,356, paid to Erik Wexler (President/ceo).
More nonprofits in Renton
Explore more
Data for Providence Health & Services Washington (EIN 51-0216586) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.