Health Care
(E220)
IRS Verified
DX Registered
990 on File
FREEMAN HEALTH SYSTEM
Financial strength (30%)
80/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2025
$709.6M
Total Revenue
$703.7M
Total Expenses
$546.1M
Net Assets
4823
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
86.1%
Fundraising Efficiency
76.3%
Operating Reserve
9.31x
Liability-to-Asset
25.7%
Revenue Diversification
92.4%
Executive Compensation
$6.4M
Compared with Peers
FY 2025
Compared with 140 similar organizations
(United States, Health Care, $100M and over in expenses), FY 2025.
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
|
86.1% | 85.6% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
13.9% | 14.2% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
76.3% | 137.4% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
9.3 mo | 8.3 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
25.7% | 32.2% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
92.4% | 94.9% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
6.0% | 8.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
6.7% | 7.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
0.8% | 3.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $709.6M | $703.7M | $546.1M | 86.1% | 4823 |
| 2024 | $669.2M | $659.6M | $558.4M | 87.0% | 4716 |
| 2023 | $654.5M | $629.0M | $513.5M | 86.3% | 4525 |
| 2022 | $643.5M | $601.3M | $516.8M | 85.6% | 4671 |
| 2021 | $596.3M | $557.9M | N/A | — | 4583 |
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