Harvard Pilgrim Health Care Inc: $2.2B Revenue, $2.3B Expenses

Harvard Pilgrim Health Care Inc grades a B on the NonprofitTruth efficiency rubric. 76/100 on the composite — above the national median, with strong performance on some factors balanced by middling performance on others.

Harvard Pilgrim Health Care Inc operates at corporate scale — $2.2B in reported 2023 revenue. At over a billion in annual revenue, nonprofits typically run consolidated operations across multiple states or business lines, and the IRS Form 990 reflects a much larger operational footprint than a typical 501(c)(3). On the reserves factor, Harvard Pilgrim Health Care Inc 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).

Revenue trend is mildly positive across the five-year filing window — modest growth, consistent with stable funding sources keeping pace with organizational costs. Officer compensation is modest relative to organizational size: Harvard Pilgrim Health Care Inc reports $96,604 in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $2.2B in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. Harvard Pilgrim Health Care Inc 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.