Health Care
(E220)
990 on File
NEWPORT HOSPITAL
Financial strength (30%)
93/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$170.5M
Total Revenue
$169.0M
Total Expenses
$339.6M
Net Assets
1078
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
81.5%
Fundraising Efficiency
N/A
Operating Reserve
24.11x
Liability-to-Asset
7.9%
Revenue Diversification
95.6%
Executive Compensation
$1.2M
Compared with Peers
FY 2024
Compared with 938 similar organizations
(United States, Health Care, $100M and over in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
81.5% | 87.7% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
18.5% | 12.3% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
24.1 mo | 6.1 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
7.9% | 44.5% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
95.6% | 96.4% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
14.4% | 9.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
17.6% | 7.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
0.9% | 2.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $170.5M | $169.0M | $339.6M | 81.5% | 1078 |
| 2023 | $149.0M | $143.7M | $300.7M | 79.4% | 1086 |
| 2022 | $131.1M | $132.1M | $279.1M | 79.3% | 1055 |
| 2021 | $147.7M | $129.9M | N/A | — | 1048 |
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