#59 of 500 · Health Plan / Insurer

Providence Health Plan

EIN 93-0863097 · WA · NTEE n/a · Form 990, fiscal 2023

A nonprofit health insurance company that is part of the Providence health system (Providence St. Joseph Health), based in Beaverton, Oregon, and serving members in Oregon and Washington. It offers commercial, individual, and Medicare coverage and administers self-funded employer plans, providing health coverage consistent with Providence's mission of caring for the poor and vulnerable.

Financials, fiscal 2023

Revenue

$2.45B

Expenses

$2.50B

Total assets

$1.45B

Net assets

$797.8M

Operating margin

-1.8%

1-year growth

12.2%

5-year growth (CAGR)

15.7%

Reserve (years of spending)

3.8

Contributions share

n/a

Programme spending

98.5%

Fundraising cost

n/a

Executive pay share

0.12%

Employees

n/a

Revenue per employee

n/a

Grants paid

$1.1M

Years filing

39

NFP Health Score: 67 / 100

Financial 38 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

As expressions of God's love, we serve all, especially the poor and vulnerable.

Revenue history