Non-profit hospitals in Washington: revenue, profit and executive pay
What 21 non-profit hospital organizations covering 38 Washington hospitals reported to the IRS on their public Form 990: how much they took in, what they spent and what they paid their leaders.
Switch state
Non-profit hospital organizations
21 organizations
They file for 38 Washington hospitals listed on this site and together reported $30.1 billion in revenue.
Took in more than they spent
38%
8 reported a surplus and 13 a deficit. The typical margin (surplus as a share of revenue) was -3.4%, against 2.9% nationally.
Largest non-profit hospitals in Washington
By total revenue on the latest Form 990. The percentage is the margin: how much of each dollar was left after expenses.
Providence Health & Services Washington
Centralia · 5 hospitals in Washington
$9.8 billion
Margin -3.5% · Dec 2023
Multicare Health System
Auburn · 8 hospitals in Washington
$4.5 billion
Margin 0.1% · Dec 2023
Kaiser Foundation Health Plan of Washington
Seattle
$4.2 billion
Margin -8.1% · Dec 2023
Peacehealth
Friday Harbor · 5 hospitals in Washington
$3.3 billion
Margin -6.3% · Jun 2023
Swedish Health Services
Issaquah · 3 hospitals in Washington
$3.0 billion
Margin -1.3% · Dec 2023
Virginia Mason Medical Center
Seattle
$1.3 billion
Margin -2.6% · Jun 2023
Every non-profit hospital organization in Washington
One row per Form 990 filing, with the Washington hospitals it covers. Click a column to sort. Officer pay is the total for all current officers, directors, trustees and key employees together, not one person.
Surplus is revenue minus expenses; a negative figure is a deficit. Net assets are what the organization owns minus what it owes. When a health system files one return for several hospitals, the figures are the system's totals, which may include hospitals in other states.
How Washington compares with the U.S.
The typical non-profit hospital organization in Washington kept -3.4% of its revenue after expenses, lower than the national median of 2.9%.
| Measure | Washington | United States |
|---|---|---|
| Median margin | -3.4% | 2.9% |
| Share with a surplus | 38% | 65% |
| Median revenue | $535.6 million | $124.0 million |
| Median officer pay (total) | $2.7 million | $1.3 million |
Questions about non-profit hospitals in Washington
What are the largest non-profit hospitals in Washington?
By revenue on their latest IRS Form 990: Providence Health & Services Washington ($9.8 billion), Multicare Health System ($4.5 billion), Kaiser Foundation Health Plan of Washington ($4.2 billion), Peacehealth ($3.3 billion), Swedish Health Services ($3.0 billion). Some of these filings cover a whole health system, including hospitals in other states.
How much do non-profit hospitals in Washington make?
The 21 non-profit hospital organizations we matched in Washington reported $30.1 billion in combined revenue on their latest Form 990. 8 reported a surplus (more revenue than expenses) and 13 a deficit. The typical (median) margin was -3.4%, lower than the U.S. median of 2.9%.
Which non-profit hospital in Washington pays its officers the most?
Providence Health & Services Washington reported the highest total: $52.2 million. That is the combined pay of all its current officers, directors, trustees and key employees, not one person. Pay for each named executive is in the full filing.
Do non-profit hospitals in Washington pay taxes?
Non-profit hospitals are exempt from federal income tax and usually from state and local property and sales taxes. In return they are expected to provide community benefits, such as charity care, and must file a public Form 990 with the IRS each year.
Washington hospital finances (Medicare cost reports)
All hospitals in Washington
Who owns hospitals
Non-profit hospitals in every state
Source: IRS Form 990 data (Exempt Organizations Business Master File and SOI annual extracts). Organizations are matched to hospitals by legal name and address. Figures are as filed for the latest available tax year. For-profit and government hospitals don't file a Form 990, so they are not listed. About the data.