Charity Search / THE QUEENS MEDICAL CENTER
Health Care (E60) 990 on File

THE QUEENS MEDICAL CENTER

EIN: 99-0073524 · HONOLULU, HI 96813-2413 · United States · FY 2023 Data
3 out of 5 53 / 100 Based on 2+ years of filings
Financial strength (30%) 65/100
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
$1556.0M
Total Revenue
$1419.0M
Total Expenses
$1490.2M
Net Assets
6403
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 95.2%
Fundraising Efficiency N/A
Operating Reserve 12.60x
Liability-to-Asset 62.2%
Revenue Diversification 92.9%
Executive Compensation $1.1M
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
95.2% 87.3%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
4.8% 12.7%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
12.6 mo 6.0 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
62.2% 46.1%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
92.9% 96.8%
P10P90
Above median
Revenue growth
Year over year revenue growth
-0.8% 6.3%
P10P90
Expense growth
Year over year expense growth
-7.4% 6.6%
P10P90
Surplus margin
Surplus as a share of revenue
8.8% 1.3%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $1556.0M $1419.0M $1490.2M 95.2% 6403
2022 $1567.9M $1531.6M $1274.9M 95.5% 6771
2021 $1447.9M $1345.9M N/A — 6155
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Organization Details
EIN
99-0073524
State
HI
City
HONOLULU
ZIP
96813-2413
Classification
E60
Category
Health Care
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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