Hartford Hospital: $2.6B Revenue, $2.5B Expenses
Hartford, Connecticut · EIN 060646668 · Filing year 2023
Hartford Hospital reported $2.6B in total revenue, $2.5B in total expenses, and $2.4B in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $426K (0.02% of revenue). NonprofitTruth efficiency grade: A (91/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $2.6B
- Total Expenses
- $2.5B
- Total Assets
- $2.4B
- Reserve Months
- 11.9 months
- Surplus / (Deficit)
- $122.3M
- EIN
- 060646668
- Latest 990 Year
- 2023
- Current-Officer Compensation
- $426K
- Officer Comp % of Revenue
- 0.02%
On the NonprofitTruth efficiency rubric, Hartford Hospital pulls an A — the highest available grade. The 91/100 composite reflects strong financial reserves, controlled officer compensation, and the kind of multi-year financial discipline that grant-makers look for.
On revenue, Hartford Hospital is among the largest U.S. nonprofits: $2.6B 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. On the reserves factor, Hartford Hospital scores well — assets relative to annual spending sit in the range nonprofit-finance experts consider healthy (roughly three months to two years of operating expenses).
Five-year revenue trajectory is strongly positive: Hartford Hospital has grown materially in real terms, which usually signals successful fundraising and program expansion. Officer compensation is modest relative to organizational size: Hartford Hospital reports $425,997 in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $2.6B in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. Hartford Hospital 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 Hartford Hospital Compares
Hartford Hospital earns a NonprofitTruth efficiency grade of A (91/100). That is 13 points above the Health category average. Compensation for current officers and key employees represents 0.02% of total revenue. The organization holds 11.9 months of operating reserves, indicating strong financial cushion.
990 Financial Snapshot
Based on IRS tax-exempt organization data, Hartford Hospital reported $2.6B in revenue against $2.5B in total functional expenses for filing year 2023, holding roughly 11.9 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 $426K in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 0.02% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.
Revenue History
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Hartford Hospital has a NonprofitTruth Efficiency Score of A (91/100), 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.
Hartford Hospital, Donor FAQ
Hartford Hospital has a NonprofitTruth Efficiency Score of A (91/100), 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.
Hartford Hospital reports $426K in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 0.02% of the organization's $2.6B 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.
Hartford Hospital reported $2.6B in annual revenue and $2.5B in total expenses for filing year 2023. The organization holds $2.4B in total assets.
Hartford Hospital holds approximately 11.9 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its A efficiency grade.
Hartford Hospital is a registered 501(c) organization with EIN 060646668, based in Hartford, Connecticut. 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.