Presbyterian Healthcare Services
PO Box 26666, Albuquerque, NM · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $2,898,794,768 | $2,814,988,430 | $1,963,026,193 |
| FY2023 | $2,386,097,082 | $2,545,375,611 | $1,979,976,422 |
| FY2022 | $2,273,688,765 | $2,430,404,731 | $2,040,691,707 |
| FY2021 | $2,276,662,762 | $2,198,751,577 | $2,268,645,663 |
| FY2020 | $2,166,465,434 | $2,097,027,351 | $2,041,819,330 |
| FY2019 | $1,948,082,742 | $1,936,751,381 | $1,874,032,139 |
| FY2018 | $1,831,605,491 | $1,715,632,267 | $1,662,724,471 |
| FY2017 | $1,744,416,517 | $1,600,064,655 | $1,714,703,571 |
| FY2016 | $1,632,281,210 | $1,561,725,534 | $1,485,073,248 |
| FY2015 | $1,570,044,340 | $1,483,659,426 | $1,344,018,429 |
| FY2014 | $1,530,537,201 | $1,374,240,529 | $1,354,979,432 |
| FY2013 | $1,437,668,016 | $1,294,669,745 | $1,362,928,254 |
| FY2012 | $1,317,852,012 | $1,242,540,581 | $835,167,702 |
| FY2011 | $1,323,374,057 | $1,266,392,139 | $609,037,202 |
Form 990 filings
The returns filed by Presbyterian Healthcare Services (EIN 85-0105601), 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 | $21,681,443 | 1% |
| Program service revenue | $2,696,060,775 | 93% |
| Other revenue | $181,052,550 | 6% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $2,462,230,031 | 87% |
| Management & general | $352,758,399 | 13% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 93% of total revenue in FY2024.
- Program services accounted for 87% of functional expenses, management & general 13%, and fundraising 0%.
- 87% of functional expenses went to program services in FY2024. That is higher than 58.8% of 4897 Health Care organizations nationwide (too few in NM for a state comparison).
- Net assets covered about 8.4 months of expenses at the end of the reporting year. That puts it in the 43rd percentile among 122 Health Care organizations in NM.
- Total revenue was the highest among 125 Health Care organizations in NM.
- Total revenue rose from $1,323,374,057 in FY2011 to $2,898,794,768 in FY2024. Revenue increased in 11 and decreased in 2 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 2 of 14 reported years (FY2022, FY2023).
- Net assets grew from $609,037,202 to $1,963,026,193 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
IN A STATE WHERE MORE THAN 50 PERCENT OF THE POPULATION IS EITHER UNINSURED OR COVERED THROUGH THE MEDICAID PROGRAM, PRESBYTERIAN HEALTHCARE SERVICES AND ITS AFFILIATES SERVED MORE THAN 900,000 NEW MEXICANS IN 2024.
IRS status
| Ruling year | 1964 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E210 — Health Care (in NM) |
Similar organizations
- St Vincent Hospital — Santa Fe, NM · $809,936,039
- San Juan Regional Medical Center Inc — Farmington, NM · $504,614,172
- Otero County Hospital Association — Alamogordo, NM · $345,566,374
- Presbyterian Medical Services — Santa Fe, NM · $135,268,205
- Tricore Laboratory Services Corporation — Albuquerque, NM · $128,128,783
- Taos Health Systems Inc Holy Cross Hospital — Taos, NM · $112,362,337
- Artesia General Hospital — Artesia, NM · $102,500,781
- Cibola General Hospital Corporation — Grants, NM · $83,269,089
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.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.