#93 of 500 · Health Plan / Insurer

Franciscan Health System

EIN 91-0564491 · AZ · NTEE E200 · Form 990, fiscal 2023

A nonprofit, faith-based hospital and health-care organization serving the Puget Sound region of Washington State, historically founded by the Sisters of St. Francis of Philadelphia and now part of Virginia Mason Franciscan Health within CommonSpirit Health. It operates hospitals (including St. Joseph Medical Center in Tacoma) and clinics providing acute, specialty, and community care, with a Catholic mission emphasizing care for the poor and vulnerable.

Financials, fiscal 2023

Revenue

$1.59B

Expenses

$1.73B

Total assets

$958.0M

Net assets

$538.8M

Operating margin

-9.3%

1-year growth

2.6%

5-year growth (CAGR)

4.6%

Reserve (years of spending)

3.7

Contributions share

1.9%

Programme spending

94.9%

Fundraising cost

0.0%

Executive pay share

0.52%

Employees

8,890

Revenue per employee

$178K

Grants paid

$430K

Years filing

77

NFP Health Score: 59 / 100

Financial 36 · Governance 75 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

As CommonSpirit Health, we make the healing presence of God known in our world by improving the health of the people we serve, especially those who are vulnerable, while we advance social justice for all.

Revenue history