Charity Search / PACMED CLINICS
Health Care (E30) IRS Verified DX Registered 990 on File

PACMED CLINICS

EIN: 56-2290878 · RENTON, WA 98057-3368 · United States · FY 2023 Data
3 out of 5 57 / 100 Based on 2+ years of filings
Financial strength (30%) 79/100
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
$304.7M
Total Revenue
$319.1M
Total Expenses
$146.7M
Net Assets
991
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 93.3%
Fundraising Efficiency N/A
Operating Reserve 5.52x
Liability-to-Asset 29.2%
Revenue Diversification 98.9%
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
93.3% 87.3%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
6.7% 12.7%
P10P90
Top 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
5.5 mo 6.0 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
29.2% 46.1%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
98.9% 96.8%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
1.6% 6.3%
P10P90
Expense growth
Year over year expense growth
2.7% 6.6%
P10P90
Surplus margin
Surplus as a share of revenue
-4.7% 1.3%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $304.7M $319.1M $146.7M 93.3% 991
2022 $299.8M $310.8M $127.7M 92.4% 960
2021 $295.4M $289.0M N/A — 902
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Organization Details
EIN
56-2290878
State
WA
City
RENTON
ZIP
98057-3368
Classification
E30
Category
Health Care
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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