Providence Health & Services Washington: $9.8B Revenue, $7.9B Program Expenses

Providence Health & Services Washington grades a B on the nonprofit efficiency rubric. 77/100 on the composite — above the national median, with strong performance on some factors balanced by middling performance on others.

On revenue, Providence Health & Services Washington is among the largest U.S. nonprofits: $9.8B 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.

Five-year revenue trajectory is strongly positive: Providence Health & Services Washington has grown materially in real terms, which usually signals successful fundraising and program expansion. 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. Providence Health & Services Washington 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.