Mutual & Membership Benefit
(Y200)
990 on File
ASCENSION HEALTH PROFESSIONAL AND GENERAL LIABILITY SELF-INSURANCE
Financial strength (30%)
32/100
Reliability (20%)
55/100
Effectiveness (25%)
56/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$223.9M
Total Revenue
$566.6M
Total Expenses
$-333,400,061
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
100.0%
Fundraising Efficiency
N/A
Operating Reserve
-7.06x
Liability-to-Asset
142.2%
Revenue Diversification
105.9%
Compared with Peers
FY 2023
Compared with 6 similar organizations
(United States, Mutual & Membership Benefit, $100M and over in expenses), FY 2023.
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
|
100.0% | 97.9% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
0.0% | 2.1% |
P10P90
|
Top 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
|
-7.1 mo | 13.8 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
142.2% | 77.9% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
105.9% | 92.2% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-18.0% | -0.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
75.7% | 6.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-153.0% | 8.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $223.9M | $566.6M | $-333,400,061 | 100.0% | 0 |
| 2022 | $273.1M | $322.6M | $-81,073,253 | 100.0% | 0 |
| 2021 | $305.8M | $284.2M | N/A | — | 0 |
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