Providence Health & Services Washington vs Hackensack Meridian Health Inc
Side-by-side nonprofit efficiency comparison from IRS 990 data
Providence Health & Services Washington (B) and Hackensack Meridian Health Inc (A) are close on the LakeQuality efficiency rubric. With grades this close, the choice between them turns on factors outside the rubric: mission alignment with donor priorities, program track record, or geographic focus.
With composite scores this close, the decision should weight non-financial factors: the specific program work each organization does, the geography they serve, the donor's relationship with leadership, and the marginal value of each additional dollar of funding to the organization.
Verdict
Hackensack Meridian Health Inc earns a higher Efficiency Score of 83/100 (A) compared to Providence Health & Services Washington at 77/100 (B). Hackensack Meridian Health Inc directs 78.0% of expenses to programs. CEO compensation: Providence Health & Services Washington at $0 vs Hackensack Meridian Health Inc at $0.
| Metric | Providence Health & Services Washington | Hackensack Meridian Health Inc |
|---|---|---|
| Efficiency Score Composite of program ratio, revenue growth, reserves, and CEO comp | 77/100 (B) | 83/100 (A)* |
| Program Spending Ratio % of expenses going to programs (higher means more goes to mission) | 78.0%* | 78.0% |
| CEO Compensation | $0 | $0 |
| Revenue | $9.8B | $7.5B |
| Total Expenses | $10.1B | $7.1B |
| Total Assets | $8.5B | $7.1B |
| Category | Health | Health |
| Location | Renton, Washington | Edison, New Jersey |
Hackensack Meridian Health Inc earns a higher Efficiency Score of 83/100 (A) compared to Providence Health & Services Washington at 77/100 (B). Hackensack Meridian Health Inc directs 78.0% of expenses to programs. CEO compensation: Providence Health & Services Washington at $0 vs Hackensack Meridian Health Inc at $0.