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Norton Healthcare

Louisville, KY · EIN 61-1028725 · 501(c)(3) · Supporting organization (509(a)(3))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Norton Healthcare reported $759.4 million in revenue and $734.5 million in expenses for calendar year 2024. Of every $100 it spent, $84.42 went to program services, $15.58 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 78.0% of the total. The highest compensation it reported for one person was $4,115,838 (President & CEO/Trustee). 924 people received more than $100,000 in reportable compensation. Revenue rose 78% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $734M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $759M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
84.4%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
15.6%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.6%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
78.0%93.7%
Highest reported compensation
Part VII-A, columns D–F
$4,115,838$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.56%1.34%
People paid over $100,000
Part VII, line 2
92427
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
4.56.6
Independent voting board members
Part VI 1a–1b
17 of 1888.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$620M expenses · 100.0% of program spending · grants $51M · revenue $755M

Norton Healthcare Inc. is a not-for-profit corporation serving adult and pediatric patients from throughout Greater Louisville, Southern Indiana, the commonwealth of Kentucky and beyond. The not-for-profit hospital and health care system has six Louisville-based hospitals and three hospitals in Southern Indiana. Norton Healthcare expanded services in 2024 with the addition of Norton West Louisville Hospital. This new hospital adds to the recent additions of Norton King's Daughters Health in 2022 and Norton Clark Hospital and Norton Scott Hospital in 2023. Norton West Louisville Hospital…

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
President & CEO/Trustee
Director/trustee, officer, 30.0 hrs/week
$3,633,654$0$482,184$4,115,838
Exec VP and COO (partial year)
Officer, 30.0 hrs/week
$3,200,723$0$16,296$3,217,019
Senior VP & Chief Clinical and Strategy Office
Key employee, 50.0 hrs/week
$1,641,761$0$307,880$1,949,641
Sr VP & CFAO
Officer, 30.0 hrs/week
$1,418,297$0$241,646$1,659,943
Sr VP Chief Legal Officer/Secretary
Officer, 30.0 hrs/week
$1,125,537$0$176,992$1,302,529
Sr VP & CIO
Key employee, 50.0 hrs/week
$1,083,319$0$213,455$1,296,774
Senior VP & Chief Hospital Officer
Key employee, 21.0 hrs/week
$1,044,527$0$185,407$1,229,934
Sys VP Norton Neurology Institute tho
Key employee, 50.0 hrs/week
$942,990$0$170,319$1,113,309

924 people received more than $100,000 in reportable compensation from Norton Healthcare (Part VII, line 2). Compensation of current officers, directors and key employees totaled $26M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$200M$400M$600M$800M201920202021202220232024$759M$734M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$759M$734M84.4%$273M$4,115,838
2023 ⓘ$607M$580M84.9%$208M$3,485,645
2022 ⓘ$569M$531M84.0%$47M$4,959,205
2021 ⓘ$618M$465M84.1%$122M$2,883,490
2020 ⓘ$492M$431M83.6%−$115M$2,713,272
2019 ⓘ$428M$391M82.2%−$285M$2,699,644

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b18 · 17 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 55,716
  • Volunteers Part I, line 61

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
Impact Advisors LLC
Consulting
$11,468,632
Technical Youth LLC
Consulting
$9,318,191
Firstsource Solutions USA LLC
Patient Financial Services
$7,848,273
The CSI Companies Inc
Consulting
$7,725,448
Allegis Group Holdings Inc
Contract Labor
$6,290,311

Individuals listed as contractors are left out. 113 contractors were paid more than $100,000 in all.

Private foundation grants it received

2 private foundations reported grants to Norton Healthcare totaling $85,000 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Norton Healthcare's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Norton Healthcare, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in Kentucky

Questions people ask

How much of Norton Healthcare's spending goes to programs?

In calendar year 2024, Norton Healthcare reported that 84.4% of its $734.5 million in expenses went to program services, 15.6% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Norton Healthcare pay its top executive?

The largest total compensation Norton Healthcare reported for one person in calendar year 2024 was $4,115,838, for the role of President & CEO/Trustee (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Norton Healthcare get its money?

Of $759.4 million in revenue in calendar year 2024, 0.6% came from contributions and grants and 78.0% from program service revenue (Form 990, Part VIII).

Is Norton Healthcare a registered charity?

The IRS lists EIN 61-1028725 as a 501(c)(3) organization (supporting organization (509(a)(3))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202543109349302839 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202403189349301315 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202313179349301226 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202203189349318995 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202143169349307889 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202003119349302285 · read the filing

All filings for EIN 61-1028725: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.