Health Care
(E220)
IRS Verified
DX Registered
990 on File
PALMER LUTHERAN HEALTH CENTER INC
Financial strength (30%)
89/100
Reliability (20%)
55/100
Effectiveness (25%)
76/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$50.3M
Total Revenue
$43.7M
Total Expenses
$27.7M
Net Assets
266
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
81.9%
Fundraising Efficiency
N/A
Operating Reserve
7.62x
Liability-to-Asset
32.1%
Revenue Diversification
99.3%
Executive Compensation
$423K
Compared with Peers
FY 2024
Compared with 2,013 similar organizations
(United States, Health Care, $10M–$100M 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
|
81.9% | 84.6% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
18.1% | 14.6% |
P10P90
|
Below 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
|
7.6 mo | 6.8 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
32.1% | 35.3% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.3% | 92.5% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
64.3% | 7.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
44.1% | 7.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
13.2% | 1.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $50.3M | $43.7M | $27.7M | 81.9% | 266 |
| 2023 | $30.6M | $30.3M | $21.0M | 86.3% | 0 |
| 2022 | $38.1M | $36.3M | $20.7M | 85.7% | 256 |
| 2021 | $42.8M | $33.6M | N/A | — | 254 |
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