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Washington · Nonprofit

PROVIDENCE MEDICAL INSTITUTE

PROVIDENCE MEDICAL INSTITUTE (Washington) receives grants from 2 organizations whose IRS filings report $782,586 to it, the largest being PROVIDENCE LITTLE COMPANY OF MARY FOUNDATION ($782,586). 0 of them have funded it in more than one year.

Revenue FY2024
$183M
Funders on record
2
Grants received
$783k
Net assets
$-129779842
0/2 repeat funderspeak grant-dependency 1%
01What it does

What Providence Medical Institute does

Mission

As expressions of god's healing love, witnessed through the ministry of jesus, we are steadfast in serving all, especially those who are poor and vulnerable.

As stated on its FY2024 Form 990.

Program

  1. At 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, and…

    $164,609,672 spent$182,477,424 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $164,609,672.

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 ($129M) Expenses 100 ($197M) Net assets 100 ($68M)2018 Revenue 98 ($127M) Expenses 128 ($251M) Net assets 102 ($70M)2019 Revenue 161 ($208M) Expenses 106 ($208M) Net assets 95 ($64M)2020 Revenue 159 ($206M) Expenses 104 ($204M) Net assets 90 ($61M)2021 Revenue 169 ($219M) Expenses 111 ($218M) Net assets 92 ($63M)2022 Revenue 170 ($219M) Expenses 111 ($219M) Net assets 24 ($16M)2023 Revenue 172 ($222M) Expenses 113 ($222M) Net assets -110 ($-74886805)2024 Revenue 141 ($183M) Expenses 93 ($183M) Net assets -191 ($-129779842)
'17'18'19'20'21'22'23'24
Revenue (141)Expenses (93)Net assets (-191)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 2022 to 2023, from $100M to $82M (−18%).

$88M
$92M
$103M
$98M
$104M
$100M
$82M
$71M
'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 1% · 2021 1% · 2022 0% · 2023 0% · 2024 0%. Grants only. Government contracts and fees sit inside program revenue.

0% of PROVIDENCE MEDICAL INSTITUTE’s revenue is contributions — about as donation-reliant as the typical peer (3% for the typical peer).

This organization
Typical peer · 18 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

−$68M
’17
−$124M
’18
$0
’19
$1.7M
’20
$1.2M
’21
$0
’22
−$140k
’23
$0
’24
0.0
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.

Board chair

James Benoit Dr

Director/chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed4848484646303328
Joined·+2+20+1+5+1+7+4
No longer listed·220351749
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'17
total
funders
2

Left out of every figure on this page: $3.9M from 2 payers (the payer shares this organization's board, largest Providence Health System - So California). These are real filings, and they are not money PROVIDENCE MEDICAL INSTITUTE raised.

From the IRS filings of PROVIDENCE MEDICAL INSTITUTE’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

PROVIDENCE MEDICAL INSTITUTE draws 100% of its grant income from funders outside Washington, across 1 state in all.

CA

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

PROVIDENCE MEDICAL INSTITUTE's revenue grew 41% between 2017 and 2024.

Operating margin0% · bottom quartile
Months of reserve0.0mo · bottom quartile
Revenue growth (annualized)5% · bottom quartile

this organization peer median middle 50% of peers· 16 unclassified nonprofits over $100M, FY2024

Organizations like PROVIDENCE MEDICAL INSTITUTE

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

90% of spending goes to programs.

Program 90%Management 10%Fundraising 0%

Governance

20
board members
60%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 2 states

OR
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 PROVIDENCE MEDICAL INSTITUTE: 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 PROVIDENCE MEDICAL INSTITUTE?
PROVIDENCE MEDICAL INSTITUTE (Washington) receives grants from 2 organizations whose IRS filings report $782,586 to it, the largest being PROVIDENCE LITTLE COMPANY OF MARY FOUNDATION ($782,586). 0 of them have funded it in more than one year.
How many funders does PROVIDENCE MEDICAL INSTITUTE have?
IRS filings report 2 organizations giving $782,586 in grants to PROVIDENCE MEDICAL INSTITUTE.
Who is the largest funder of PROVIDENCE MEDICAL INSTITUTE?
PROVIDENCE LITTLE COMPANY OF MARY FOUNDATION is the largest funder on record, with $782,586 in grants. The full list of funders is on this page.
How can an organization like PROVIDENCE MEDICAL INSTITUTE 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