Skip to main content
NonprofitTruth
Health · 2023 Form 990

Presbyterian Healthcare Services: $2.4B Revenue, $2.0B Program Expenses

Albuquerque, New Mexico · EIN 850105601 · Filing year 2023

Presbyterian Healthcare Services reported $2.4B in total revenue, $2.5B in total expenses, and $3.8B in total assets on its 2023 IRS Form 990. 78.0% of expenses ($2.0B) went directly to programs. Top officer compensation is not reported on this 990 filing. Overall efficiency grade: A (87/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.

A
Efficiency Score
87/100

Key Facts (2023 Form 990)

Total Revenue
$2.4B
Total Expenses
$2.5B
Program Expenses
$2.0B
Program Expense Ratio
78.0%
Total Assets
$3.8B
Reserve Months
18.1 months
EIN
850105601
Latest 990 Year
2023
Top Officer Compensation
Not reported

On the LakeQuality nonprofit efficiency rubric, Presbyterian Healthcare Services pulls an A — the highest available grade. The 87/100 composite reflects a combination of program-focused spending, controlled overhead, and the kind of multi-year financial discipline that grant-makers look for.

On revenue, Presbyterian Healthcare Services is among the largest U.S. nonprofits: $2.4B 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. Program-spending efficiency is strong: 80% of total expenses flow to program activities, above the 75% benchmark most third-party charity raters use.

Revenue trend is mildly positive across the five-year filing window — modest growth, consistent with stable funding sources keeping pace with organizational costs. CEO compensation is reported as zero in the filing — typical for nonprofits where the chief executive is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. Presbyterian Healthcare Services is categorized under Health — the largest segment of U.S. nonprofit revenue, dominated by hospitals, hospital systems, and health-research organizations. Revenue-to-program ratios in this category often look different from smaller-program nonprofits because the underlying operations are capital-intensive.


$2.4B
Revenue
$2.5B
Expenses
$3.8B
Total Assets
78.0%
Program Spending

How Presbyterian Healthcare Services Compares

Presbyterian Healthcare Services directs 78.0% of spending to programs, meeting the 65% minimum recommended by charity watchdogs. Its efficiency score of 87/100 is 6 points above the Health category average. The organization holds 18.1 months of operating reserves, indicating strong financial stability.

Financials

Where Your Donation Goes

$2.0B
Program Spending
78.0% of expenses
Not reported
CEO Compensation
18.1 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, for every dollar donated to Presbyterian Healthcare Services, approximately 78.0 cents goes directly to program activities. The remaining funds cover administrative costs, fundraising, and management expenses.

Trend

Revenue History


Presbyterian Healthcare Services has an Efficiency Score of A (87/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.

Presbyterian Healthcare Services, Donor FAQ

Presbyterian Healthcare Services has an Efficiency Score of A (87/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.

CEO/officer compensation for Presbyterian Healthcare Services is not reported in the most recent IRS 990 filing on file.

Presbyterian Healthcare Services reported $2.4B in annual revenue and $2.5B in total expenses for filing year 2023. The organization holds $3.8B in total assets.

For every dollar donated to Presbyterian Healthcare Services, approximately 78.0 cents goes to program activities. The organization has 18.1 months of operating reserves, providing financial stability to sustain its mission.

Presbyterian Healthcare Services is a registered 501(c) organization with EIN 850105601, based in Albuquerque, New Mexico. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS 990 filings via ProPublica Nonprofit Explorer. Efficiency Scores combine program spending ratio (50%), revenue growth (20%), reserve months (20%), and CEO compensation ratio (10%). Filing data may lag 6-18 months from the tax year.