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 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $95,410 | 0% |
| Program service revenue | $1,732,770,615 | 100% |
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 100% 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 86.3% 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 366 Health Care organizations in CO.
- Total revenue was higher than 99.5% of 374 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) |
Similar organizations
- CHILDRENS HOSPITAL COLORADO — AURORA, CO · $2,014,273,578
- POUDRE VALLEY MEDICAL GROUP LLC — FORT COLLINS, CO · $1,111,643,294
- POUDRE VALLEY HEALTH CARE INC — FORT COLLINS, CO · $1,032,333,065
- MEDICAL CENTER OF THE ROCKIES — FORT COLLINS, CO · $699,377,907
- DELTA DENTAL OF COLORADO — GREENWOOD VLG, CO · $680,898,590
- SAINT JOSEPH HOSPITAL — DENVER, CO · $645,390,055
- PARKVIEW MEDICAL CENTER INC — PUEBLO, CO · $548,766,614
- BOULDER COMMUNITY HEALTH — BOULDER, CO · $488,677,286
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 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.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.