Health Care
(E21)
990 on File
HIGHMARK HEALTH
Financial strength (30%)
90/100
Reliability (20%)
50/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$568.3M
Total Revenue
$613.2M
Total Expenses
$411.9M
Net Assets
3502
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
74.3%
Fundraising Efficiency
N/A
Operating Reserve
8.06x
Liability-to-Asset
40.2%
Revenue Diversification
100.4%
Executive Compensation
$46.3M
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
|
74.3% | 87.3% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
25.7% | 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
|
8.1 mo | 6.0 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
40.2% | 46.1% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.4% | 96.8% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
15.3% | 6.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
5.5% | 6.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-7.9% | 1.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $568.3M | $613.2M | $411.9M | 74.3% | 3502 |
| 2022 | $492.9M | $581.2M | $409.5M | 78.0% | 3335 |
| 2021 | $583.3M | $584.4M | N/A | — | 4293 |
| 2020 | $524.6M | $552.2M | N/A | — | 3868 |
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