Health Care
(E20)
IRS Verified
DX Registered
990 on File
GENESIS HEALTH SYSTEM
Financial strength (30%)
84/100
Reliability (20%)
55/100
Effectiveness (25%)
83/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$566.6M
Total Revenue
$626.3M
Total Expenses
$374.7M
Net Assets
4517
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
79.6%
Fundraising Efficiency
N/A
Operating Reserve
7.18x
Liability-to-Asset
48.7%
Revenue Diversification
94.5%
Executive Compensation
$3.5M
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
|
79.6% | 87.3% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
20.4% | 12.7% |
P10P90
|
Bottom 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
|
7.2 mo | 6.0 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
48.7% | 46.1% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
94.5% | 96.8% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
4.7% | 6.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
10.6% | 6.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-10.5% | 1.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $566.6M | $626.3M | $374.7M | 79.6% | 4517 |
| 2022 | $541.2M | $566.5M | $578.9M | 77.5% | 4549 |
| 2021 | $556.9M | $530.4M | N/A | — | 4518 |
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