Charity Search / INDIANA UNIVERSITY HEALTH NORTH HOSPITAL INC
Health Care (E300) 990 on File

INDIANA UNIVERSITY HEALTH NORTH HOSPITAL INC

EIN: 35-1932442 · INDIANAPOLIS, IN 46204-1011 · United States · FY 2023 Data
3 out of 5 55 / 100 Based on 2+ years of filings
Financial strength (30%) 75/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Financial Overview — FY 2023
$487.2M
Total Revenue
$338.5M
Total Expenses
$862.5M
Net Assets
1564
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 96.4%
Fundraising Efficiency N/A
Operating Reserve 30.57x
Liability-to-Asset 3.3%
Revenue Diversification 93.7%
Executive Compensation $964K
Compared with Peers
FY 2023
Compared with 1,811 similar organizations (United States, Health Care, $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
96.4% 87.3%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
3.6% 12.7%
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
30.6 mo 6.0 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
3.3% 46.1%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
93.7% 96.8%
P10P90
Above median
Revenue growth
Year over year revenue growth
13.2% 6.3%
P10P90
Expense growth
Year over year expense growth
5.2% 6.6%
P10P90
Surplus margin
Surplus as a share of revenue
30.5% 1.3%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $487.2M $338.5M $862.5M 96.4% 1564
2022 $430.5M $321.9M $713.9M 96.5% 1600
2021 $390.2M $276.7M N/A 1609
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Organization Details
EIN
35-1932442
State
IN
City
INDIANAPOLIS
ZIP
46204-1011
Classification
E300
Category
Health Care
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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