Portercare Adventist Health System
6061 S Willow Drive, Greenwood Village, CO · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $1,798,498,907 | $1,770,512,160 | $1,341,439,774 |
| FY2023 | $731,175,522 | $824,419,557 | $1,321,885,812 |
| FY2022 | $1,484,227,840 | $1,370,076,693 | $1,434,378,364 |
| FY2021 | $1,421,605,812 | $1,323,940,436 | $1,432,239,122 |
| FY2020 | $1,249,249,565 | $1,190,676,059 | $1,315,544,811 |
| FY2019 | $1,324,358,723 | $1,212,250,476 | $1,264,585,856 |
| FY2018 | $1,238,499,806 | $1,164,649,755 | $1,154,592,879 |
| FY2017 | $1,173,332,710 | $1,124,765,707 | $1,090,592,067 |
| FY2016 | $1,185,819,124 | $1,125,977,911 | $1,053,621,072 |
| FY2015 | $1,070,953,288 | $1,014,606,186 | $997,681,369 |
| FY2014 | $993,799,712 | $940,227,921 | $946,020,838 |
| FY2013 | $979,682,442 | $886,681,732 | $897,294,211 |
| FY2012 | $896,461,831 | $822,340,221 | $810,875,176 |
| FY2011 | $817,100,953 | $722,881,735 | $741,305,513 |
Form 990 filings
The returns filed by Portercare Adventist Health System (EIN 84-0438224), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $95,410 | <1% |
| Program service revenue | $1,732,770,615 | 96% |
| Other revenue | $65,632,882 | 4% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $1,638,288,212 | 93% |
| Management & general | $132,223,948 | 7% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 96% of total revenue in FY2024.
- Program services accounted for 93% of functional expenses, management & general 7%, and fundraising 0%.
- 93% of functional expenses went to program services in FY2024. That is higher than 87.7% of 73 Health Care organizations in CO.
- Net assets covered about 9.1 months of expenses at the end of the reporting year. That puts it in the 42nd percentile among 361 Health Care organizations in CO.
- Total revenue was higher than 99.7% of 369 Health Care organizations in CO.
- Total revenue rose from $817,100,953 in FY2011 to $1,798,498,907 in FY2024. Revenue increased in 10 and decreased in 3 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 14 reported years (FY2023).
- Net assets grew from $741,305,513 to $1,341,439,774 between FY2011 and FY2024.
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
Provision of medical care to the community through the operation of five hospitals totaling 982 beds.
IRS status
| Ruling year | 1931 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E220 — Health Care (in CO) |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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