nonprofit · EIN 82-1406555 · PA
How much does Highmark Health Group raise and spend?
Highmark Health Group (PA, EIN 82-1406555) reported $5.6B in revenue and $5.5B in expenses for tax year 2023, with $2.1B in net assets (4.5 months of reserves). By expenses that ranks 49 of 539,974 e-filers, 3 of 24,839 nonprofits in pennsylvania.
What stands out
Highmark Health Group (PA, EIN 82-1406555) reported $5.6B in revenue and $5.5B in expenses for tax year 2023, with $2.1B in net assets (4.5 months of reserves). By expenses that ranks 49 of 539,974 e-filers, 3 of 24,839 nonprofits in pennsylvania. Against nonprofits over $100M in expenses: months of reserves 4.5 months, below the peer median of 7.4 months; officer compensation share of expenses 0.7%, below the peer median of 0.8%; contributions share of revenue 0.4%, below the peer median of 1.2%; surplus margin 1.9%, above the peer median of 1.1%.
Key figures, tax year 2023
As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.
| Measure | 2023 | Median, activity | Median, size | Median, all |
|---|---|---|---|---|
| Total revenue | $5.6B | — | $236.7M | $194.7k |
| Total expenses | $5.5B | — | $231.0M | $178.5k |
| Total assets | $4.3B | — | $318.0M | $775.3k |
| Net assets | $2.1B | — | $158.3M | $622.5k |
| Officer compensation (total per organisation) | $39.9M | — | $2.4M | $113.0k |
| Program service revenue share | 93.9% | — | 93.3% | 13.8% |
| Contributions share of revenue | 0.4% | — | 1.2% | 57.5% |
| Officer compensation share of expenses | 0.7% | — | 0.8% | 6.5% |
| Months of reserves | 4.5 months | — | 7.4 months | 12.6 months |
| Surplus margin | 1.9% | — | 1.1% | 3.9% |
Year by year
5 filings on record.
| Tax year | Revenue | Expenses | Net assets | Reserves | Officer comp. | Rank |
|---|---|---|---|---|---|---|
| 2023 | $5.6B | $5.5B | $2.1B | 4.5 months | $39.9M | 49 |
| 2022 | $5.2B | $5.0B | $1.9B | 4.6 months | $51.2M | 57 |
| 2020 | $4.0B | $4.1B | $1.8B | 5.1 months | $72.7M | 56 |
| 2019 | $3.9B | $3.8B | $1.6B | 5.0 months | $44.4M | 58 |
| 2018 | $3.7B | $3.6B | $1.2B | 3.9 months | $42.8M | 60 |
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