Providence Health & Services Oregon

Analysis

Providence Health & Services Oregon is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in December 2001, 25 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Providence Health & Services Oregon reported income of $5.47bn and spending of $5.38bn, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.82bn to $5.47bn (+43%), an average of +9.3% a year. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Providence Health & Services Oregon sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within WA. Charities of a similar size with the same main cause include Allina Health System ($5.38bn), Inova Health Care Services ($5.67bn) and University Hospitals Health System Inc ($5.29bn).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.8% and program service revenue 85% of the total. Other salaries and wages came to $1.97bn. At year end it held assets of $4.59bn against liabilities of $642.8m, net assets of $3.94bn. It reported 25,361 employees.