Health Care
(E20)
IRS Verified
DX Registered
990 on File
RICHMOND MEDICAL CENTER
Financial strength (30%)
76/100
Reliability (20%)
50/100
Effectiveness (25%)
76/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$461.1M
Total Revenue
$487.9M
Total Expenses
$151.9M
Net Assets
2962
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
87.7%
Fundraising Efficiency
N/A
Operating Reserve
3.74x
Liability-to-Asset
75.7%
Revenue Diversification
92.6%
Executive Compensation
$7.7M
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
|
87.7% | 87.7% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
12.3% | 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
|
3.7 mo | 6.1 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
75.7% | 44.5% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
92.6% | 96.4% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
5.7% | 9.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
7.8% | 7.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-5.8% | 2.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $461.1M | $487.9M | $151.9M | 87.7% | 2962 |
| 2023 | $436.3M | $452.4M | $177.7M | 87.6% | 3343 |
| 2022 | $419.4M | $398.4M | $170.6M | 87.4% | 2963 |
| 2021 | $425.2M | $381.3M | N/A | — | 2856 |
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