Advocate Health And Hospitals Corporation: $6.9B Revenue, $7.5B Expenses
Downers Grove, Illinois · EIN 362169147 · Filing year 2023
Advocate Health And Hospitals Corporation reported $6.9B in total revenue, $7.5B in total expenses, and $16.1B in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $5.4M (0.08% of revenue). NonprofitTruth efficiency grade: B (68/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $6.9B
- Total Expenses
- $7.5B
- Total Assets
- $16.1B
- Reserve Months
- 25.7 months
- Surplus / (Deficit)
- $-621,316,124
- EIN
- 362169147
- Latest 990 Year
- 2023
- Current-Officer Compensation
- $5.4M
- Officer Comp % of Revenue
- 0.08%
Advocate Health And Hospitals Corporation grades a B on the NonprofitTruth efficiency rubric. 68/100 on the composite — above the national median, with strong performance on some factors balanced by middling performance on others.
On revenue, Advocate Health And Hospitals Corporation is among the largest U.S. nonprofits: $6.9B in 2023 reported revenue. Organizations at this scale typically operate hospitals, university systems, or national federations — the financial pattern looks more like a corporation than the small-charity stereotype. Operating reserves at Advocate Health And Hospitals Corporation are adequate: the balance sheet covers a reasonable share of annual expenses, though not a deep multi-year cushion.
Five-year revenue has grown modestly. Advocate Health And Hospitals Corporation is not expanding rapidly but is not shrinking either; the trajectory is consistent with stable donor and grant relationships. Officer compensation is modest relative to organizational size: Advocate Health And Hospitals Corporation reports $5.4M in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $6.9B in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. Advocate Health And Hospitals Corporation is categorized under Health — the largest segment of U.S. nonprofit revenue, dominated by hospitals, hospital systems, and health-research organizations. The financial profile in this category is capital-intensive, with large balance sheets and program service revenue that often dwarfs donations.
How Advocate Health And Hospitals Corporation Compares
Advocate Health And Hospitals Corporation earns a NonprofitTruth efficiency grade of B (68/100). That is 10 points below the Health category average. Compensation for current officers and key employees represents 0.08% of total revenue. The organization holds 25.7 months of operating reserves, indicating strong financial cushion.
990 Financial Snapshot
Based on IRS tax-exempt organization data, Advocate Health And Hospitals Corporation reported $6.9B in revenue against $7.5B in total functional expenses for filing year 2023, holding roughly 25.7 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.
The 990 reports $5.4M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 0.08% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.
Revenue History
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Advocate Health And Hospitals Corporation has a NonprofitTruth Efficiency Score of B (68/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
Advocate Health And Hospitals Corporation, Donor FAQ
Advocate Health And Hospitals Corporation has a NonprofitTruth Efficiency Score of B (68/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
Advocate Health And Hospitals Corporation reports $5.4M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 0.08% of the organization's $6.9B in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.
Advocate Health And Hospitals Corporation reported $6.9B in annual revenue and $7.5B in total expenses for filing year 2023. The organization holds $16.1B in total assets.
Advocate Health And Hospitals Corporation holds approximately 25.7 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its B efficiency grade.
Advocate Health And Hospitals Corporation is a registered 501(c) organization with EIN 362169147, based in Downers Grove, Illinois. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
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Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.