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 NonprofitTruth 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 87/100 (A) compared to Providence Health & Services Washington at 79/100 (B), based on financial reserves, multi-year revenue consistency, and officer-comp ratio drawn from each organization's IRS Form 990. Current-officer compensation: Providence Health & Services Washington at $52,170,375 vs Hackensack Meridian Health Inc at $39,378,862.
| Metric | Providence Health & Services Washington | Hackensack Meridian Health Inc |
|---|---|---|
| Efficiency Score Composite of financial reserves, multi-year revenue, and officer-comp ratio | 79/100 (B) | 87/100 (A)* |
| Officer Compensation Total compensation for current officers & key employees (Form 990 Part IX, line 5) | $52,170,375 | $39,378,862* |
| 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 87/100 (A) compared to Providence Health & Services Washington at 79/100 (B), based on financial reserves, multi-year revenue consistency, and officer-comp ratio drawn from each organization's IRS Form 990. Current-officer compensation: Providence Health & Services Washington at $52,170,375 vs Hackensack Meridian Health Inc at $39,378,862.