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NonprofitTruth

Is Swedish Health Services Efficient?

Swedish Health Services has an Efficiency Score of 84/100 (A), spending 78% of revenue on programs. CEO compensation: $0.

This page answers a common question about U.S. nonprofit financial efficiency: Is Swedish Health Services Efficient?. The answer below pulls directly from IRS Form 990 filings — the public-disclosure document every U.S. tax-exempt organization must file annually — and the LakeQuality efficiency rubric that combines program-spending, executive-compensation, and financial-stability factors into a single grade. Why this matters: every U.S. taxpayer subsidizes the nonprofit sector indirectly — donations are tax-deductible, nonprofit income is exempt, and many nonprofit employees benefit from sector-specific tax provisions. The public-disclosure regime exists specifically to give donors and policy-makers the data they need to judge whether the subsidy is well-spent on a given organization.

The detailed answer below uses the actual Form 990 numbers, explains how to read them, and translates the technical accounting into the donor-relevant version of the question.

Swedish Health Services is a health nonprofit based in Renton, Washington with IRS EIN 910433740. According to its Form 990 filing for tax year 2023, the organization reported $3.0B in total revenue, $3.0B in total expenses, and $3.1B in net assets.

Of total expenses, 78% ($2.4B) went directly to programs — the core mission work. The remainder covers administrative overhead, fundraising, and other operating costs. This program ratio falls within the typical range for established nonprofits.

CEO compensation at Swedish Health Services was $0 in 2023, representing approximately 0.0 basis points (0.00%) of total revenue. Our Efficiency Score of 84/100 weights program spending ratio (50%), revenue growth consistency (20%), fund reserves (20%), and CEO compensation ratio (10%), producing a grade of A.

Key Data

MetricValue
Efficiency Score84/100 (A)
Program Spending Ratio78%
Total Revenue$3.0B
Total Expenses$3.0B
CEO Compensation$0
CategoryHealth

Frequently Asked Questions

Swedish Health Services has an Efficiency Score of 84/100 (A), spending 78% of revenue on programs. CEO compensation: $0.

Swedish Health Services spent $2.4B on programs in 2023, representing 78% of total expenses.

The CEO of Swedish Health Services received $0 in reported compensation for tax year 2023, according to IRS Form 990.

Swedish Health Services reported $3.0B in total revenue for tax year 2023, with $3.1B in net assets.

Our Efficiency Score weights four factors from IRS 990 data: program spending ratio (50%), revenue growth consistency (20%), fund reserves (20%), and CEO compensation ratio (10%). Swedish Health Services scored 84/100 (grade A).

Swedish Health Services has an Efficiency Score of 84/100 (A), spending 78% of revenue on programs. CEO compensation: $0.