Legacy Health

Analysis

Legacy Health is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in December 1993, 33 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Legacy Health reported income of $256.4m and spending of $334.7m, spending 131% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income fell from $285.7m to $256.4m (-10%), an average of -2.7% a year. The sharpest change came in the year to March 2021, when income rose by 137%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Legacy Health sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within OR. Charities of a similar size with the same main cause include Providence Hospital ($256.3m), Albany General Hospital ($257.0m) and Henry Ford Health Rochester Hospital ($256.1m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 0.6% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $11.6m (3.5% of expenses). Other salaries and wages came to $130.4m. At year end it held assets of $2.02bn against liabilities of $1.63bn, net assets of $389.5m. It reported 17,617 employees.