Health Care
(E220)
IRS Verified
DX Registered
990 on File
GARNET HEALTH MEDICAL CENTER
Financial strength (30%)
69/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$664.2M
Total Revenue
$674.0M
Total Expenses
$70.3M
Net Assets
3735
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
91.6%
Fundraising Efficiency
N/A
Operating Reserve
1.25x
Liability-to-Asset
86.4%
Revenue Diversification
95.3%
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
|
91.6% | 87.7% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
8.4% | 12.3% |
P10P90
|
Above median |
|
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
|
1.3 mo | 6.1 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
86.4% | 44.5% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
95.3% | 96.4% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
15.0% | 9.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
3.0% | 7.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-1.5% | 2.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $664.2M | $674.0M | $70.3M | 91.6% | 3735 |
| 2023 | $577.7M | $654.3M | $88.9M | 91.8% | 3907 |
| 2022 | $615.6M | $616.0M | $158.2M | 90.1% | 3735 |
| 2021 | $586.3M | $581.2M | N/A | — | 3653 |
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