Swedish Health Services
Swedish Health Services reported $3.34 billion in revenue and $3.32 billion in expenses for calendar year 2024. Of every $100 it spent, $86.28 went to program services, $13.72 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: 91.9% of the total. The highest compensation it reported for one person was $4,270,929 (EVP & CFO/TREASURER). 4,666 people received more than $100,000 in reportable compensation. Revenue rose 31% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $3.32BFor 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 $3.34BThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 86.3% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 13.7% | 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 | 1.5% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.1% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 91.9% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $4,270,929 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.13% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 4,666 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 1.0 | 6.6 |
| Independent voting board members Part VI 1a–1b | 11 of 11 | 88.9% |
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 expenseHighest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| EVP & CFO/TREASURER Officer, 0.50 hrs/week | $0 | $3,880,224 | $390,705 | $4,270,929 |
| EVP & CHIEF LEGAL OFFICER/SECRETARY Officer, 0.50 hrs/week | $0 | $2,610,531 | $285,144 | $2,895,675 |
| PRESIDENT/CEO Officer, 53.50 hrs/week | $0 | $2,511,022 | $309,815 | $2,820,837 |
| PHYSICIAN Highest compensated employee, 50.00 hrs/week | $2,440,021 | $0 | $140,096 | $2,580,117 |
| DIVISION CHIEF EXEC - NORTH Key employee, 32.50 hrs/week | $0 | $2,223,471 | $288,855 | $2,512,326 |
| PHYSICIAN Highest compensated employee, 50.00 hrs/week | $2,203,060 | $0 | $120,563 | $2,323,623 |
| PHYSICIAN Highest compensated employee, 50.00 hrs/week | $1,623,173 | $0 | $149,441 | $1,772,614 |
| PHYSICIAN Highest compensated employee, 50.00 hrs/week | $1,588,023 | $0 | $117,166 | $1,705,189 |
4,666 people received more than $100,000 in reportable compensation from Swedish Health Services (Part VII, line 2).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance 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–1b11 · 11 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 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- 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 514,590
- Volunteers Part I, line 6990
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| M A MORTENSON COMPANY Construction services | $111,574,686 |
| AYA HEALTHCARE INC Staffing services | $56,514,973 |
| LABCORP OF AMER E1484 Medical services | $34,755,154 |
| CASS INFORMATION SYSTEMS INC 12444 Payment services | $16,477,419 |
| US ANESTHESIA PARTNERS Medical services | $14,161,252 |
Individuals listed as contractors are left out. 222 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Swedish Health Services's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Swedish Health Services, you can publish a response that is linked from this page.
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Of every $100 Swedish Health Services spent in 2024, $86.28 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Ascension SetonSt Louis, MO · revenue $3.32B · programs 82.9% · FY2025
- Christiana CARE Health ServicesWilmington, DE · revenue $3.37B · programs 86.8% · FY2025
- Trinity Health CorporationLivonia, MI · revenue $3.29B · programs 97.7% · FY2025
- Norton HospitalsLouisville, KY · revenue $3.37B · programs 98.1% · 2024
- Albany Medical Center Group OrganizationAlbany, NY · revenue $3.28B · programs 86.5% · 2024
Questions people ask
How much of Swedish Health Services's spending goes to programs?
In calendar year 2024, Swedish Health Services reported that 86.3% of its $3.32 billion in expenses went to program services, 13.7% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Swedish Health Services pay its top executive?
The largest total compensation Swedish Health Services reported for one person in calendar year 2024 was $4,270,929, for the role of EVP & CFO/TREASURER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Swedish Health Services get its money?
Of $3.34 billion in revenue in calendar year 2024, 1.5% came from contributions and grants (including 0.1% from government grants) and 91.9% from program service revenue (Form 990, Part VIII).
Is Swedish Health Services a registered charity?
The IRS lists EIN 91-0433740 as a 501(c)(3) organization (hospital or medical research organization), 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 202533189349309048 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202413179349305511 · read the filing
- 2022: Form 990 for calendar year 2022, object 202313189349311626 · read the filing
- 2021: Form 990 for calendar year 2021, object 202233199349302028 · read the filing
- 2020: Form 990 for calendar year 2020, object 202103189349300910 · read the filing
- 2019: Form 990 for calendar year 2019 (amended), object 202142649349301804 · read the filing
All filings for EIN 91-0433740: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.