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Washington · Nonprofit

PACMED CLINICS

PACMED CLINICS (Washington) receives grants from 2 organizations whose IRS filings report $3,060 to it, the largest being MCKESSON FOUNDATION INC ($3,060). 1 of them have funded it in more than one year.

Revenue FY2024
$307M
Funders on record
2
Grants received
$3k
Net assets
$64M
1/2 repeat funderspeak grant-dependency 0%
01What it does

What Pacmed Clinics does

Mission

Our mission is to provide respectful, high-quality, patient-focused healthcare to each person and to the communities we serve. Pacmed welcomes patients from the well insured to those who cannot afford healthcare.

As stated on its FY2024 Form 990.

Program

  1. See schedule oat providence, we use our voice to advocate for vulnerable populations and needed reforms in health care. We are also pursuing innovative ways to transform health care by keeping people healthy, and making our services more convenient, accessible and affordable for all. In an increasingly uncertain world, we are committed to high-quality, compassionate health care for everyone - regardless of coverage or ability to pay. We help people and communities benefit from the best health care model for the future - today.together, our 125,000 caregivers (all employees) serve in 51 hospitals, 1,014 clinics and a comprehensive range of health and social services across alaska, california, montana, new mexico, oregon, texas and washington. The providence affiliate family includes:-providence across five western states-covenant health in west texas and new mexico-facey medical group in los angeles, ca-kadlec in southeast washington-pacific medical centers in seattle, wa-swedish health services in seattle, wa in 2024, providence ministries and affiliates provided $1.9 billion in community benefit programs. This includes free and discounted care, uncompensated and subsidized care,…

    $304,033,219 spentof which $212,010 as grants$300,912,347 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $304,033,219.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($236M) Expenses 100 ($244M) Net assets 100 ($68M)2018 Revenue 104 ($244M) Expenses 113 ($275M) Net assets 84 ($58M)2019 Revenue 104 ($246M) Expenses 113 ($276M) Net assets 80 ($55M)2020 Revenue 110 ($260M) Expenses 111 ($272M) Net assets 107 ($73M)2021 Revenue 125 ($295M) Expenses 118 ($289M) Net assets 163 ($112M)2022 Revenue 127 ($300M) Expenses 127 ($311M) Net assets 187 ($128M)2023 Revenue 129 ($305M) Expenses 131 ($319M) Net assets 214 ($147M)2024 Revenue 130 ($307M) Expenses 134 ($326M) Net assets 94 ($64M)
'17'18'19'20'21'22'23'24
Revenue (130)Expenses (134)Net assets (94)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $207M to $117M (−44%).

$106M
$102M
$108M
$130M
$157M
$209M
$207M
$117M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 0% · 2020 2% · 2021 0% · 2023 0%. Grants only. Government contracts and fees sit inside program revenue.

0% of PACMED CLINICS’s revenue is contributions — more earned-revenue than three-quarters of its peers (1% for the typical peer).

This organization
Typical peer · 2,211 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 7 of the last 8 reported years ran a deficit.

−$8.2M
’17
−$30M
’18
−$30M
’19
−$12M
’20
$6.4M
’21
−$11M
’22
−$14M
’23
−$19M
’24
0.8
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Erik Wexler

President/CEO

Board chair

Michael Murphy

Board chair

As listed on its FY2024 Form 990.

The chief executive listed changed between the FY2022 and FY2023 filings.

'17'18'19'20'21'22'23'24
Listed5047454037252525
Joined·+2+7+2+3+6+4+2
No longer listed·59761842
03Who funds it

Who funds it, year by year

2017 → 2019: the base broadened from 1 funder to 2 funders, grant income rose $0 → $3k.

Funder
'17
'19
total
funders
1
2

From the IRS filings of PACMED CLINICS’s funders (the co-funder graph). Top 1 of 2 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

PACMED CLINICS draws 100% of its grant income from funders outside Washington, across 1 state in all.

TX

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

PACMED CLINICS is better cushioned than half of the 2,075 health nonprofits its size.

Operating margin−6% · bottom quartile
Months of reserve0.8mo · above the median
Revenue growth (annualized)4% · bottom quartile

this organization peer median middle 50% of peers· 2,075 health nonprofits over $100M, FY2024

Government funding PACMED CLINICS receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $1.6B on record.

Federal$1.6B
grants $0contracts $1.6B
17
18
19
20
21
22
23
24
25
26
Top agencies
  • Department of Defense$1.6B

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like PACMED CLINICS

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Washington

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

93% of spending goes to programs.

Program 93%Management 7%Fundraising 0%

Governance

12
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 2 states

WA
CA

Part of a family of 181 related entities

  • Collabria Care · exempt
  • Covenant Aco · exempt
  • Covenant Children's Physicians Group · exempt
  • Covenant Health Partners · exempt
  • Covenant Health System · exempt

Screen this organization

A dated, signed PDF of the compliance screen for PACMED CLINICS: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds PACMED CLINICS?
PACMED CLINICS (Washington) receives grants from 2 organizations whose IRS filings report $3,060 to it, the largest being MCKESSON FOUNDATION INC ($3,060). 1 of them have funded it in more than one year.
How many funders does PACMED CLINICS have?
IRS filings report 2 organizations giving $3,060 in grants to PACMED CLINICS, 1 of which have funded it in more than one year.
Who is the largest funder of PACMED CLINICS?
MCKESSON FOUNDATION INC is the largest funder on record, with $3,060 in grants. The full list of funders is on this page.
How can an organization like PACMED CLINICS find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing