Health Care
(E220)
IRS Verified
DX Registered
990 on File
HUMBOLDT PARK HEALTH
Financial strength (30%)
74/100
Reliability (20%)
55/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Norwegian American Hospital provides high quality and compassionate health care services by partnering with patients and their families, our employees, physicians and the communities we serve. We are the hospital of choice for our communities and caregivers. We are best in class for clinical care, customer service, employee engagement, access to care and stewardship.
Financial Overview — FY 2024
$151.6M
Total Revenue
$164.9M
Total Expenses
$57.2M
Net Assets
988
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
72.8%
Fundraising Efficiency
N/A
Operating Reserve
4.16x
Liability-to-Asset
61.6%
Revenue Diversification
90.6%
Executive Compensation
$3.4M
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
|
72.8% | 87.7% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
27.1% | 12.3% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.1% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
4.2 mo | 6.1 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
61.6% | 44.5% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
90.6% | 96.4% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
2.3% | 9.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
12.5% | 7.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-8.8% | 2.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $151.6M | $164.9M | $57.2M | 72.8% | 988 |
| 2023 | $148.2M | $146.7M | $67.2M | 69.1% | 969 |
| 2022 | $143.0M | $139.3M | $65.0M | 64.6% | 903 |
| 2021 | $147.5M | $127.9M | N/A | — | 1109 |
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