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Washington · Nonprofit

SWEDISH EDMONDS

SWEDISH EDMONDS (Washington) receives grants from 2 organizations whose IRS filings report $2,326,065 to it, the largest being North Sound Accountable Community of Health ($1,169,379). 2 of them have funded it in more than one year.

$321M
Revenue FY2024
2
Funders on record
$2.3M
Grants received
$83M
Net assets
2/2 repeat funderspeak grant-dependency 0%

Against its field

SWEDISH EDMONDS holds deeper cash reserves than three-quarters of the 2,075 health nonprofits its size.

Operating margin−22% · bottom quartile
Months of reserve1.9mo · top quartile
Revenue growth (annualized)4% · below the median

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

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The 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 ($189M) Net assets 100 ($93M)2018 Revenue 106 ($251M) Expenses 131 ($247M) Net assets 101 ($94M)2019 Revenue 101 ($239M) Expenses 147 ($278M) Net assets 86 ($80M)2020 Revenue 100 ($236M) Expenses 153 ($289M) Net assets 5 ($4.6M)2021 Revenue 108 ($255M) Expenses 160 ($302M) Net assets 39 ($36M)2022 Revenue 106 ($251M) Expenses 170 ($321M) Net assets 57 ($52M)2023 Revenue 114 ($270M) Expenses 184 ($347M) Net assets 71 ($65M)2024 Revenue 136 ($321M) Expenses 207 ($391M) Net assets 89 ($83M)
'17'18'19'20'21'22'23'24
Revenue (136)Expenses (207)Net assets (89)Peer revenue range

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% · 2018 0% · 2019 0% · 2020 10% · 2021 2% · 2022 1% · 2023 0%. Grants only. Government contracts and fees sit inside program revenue.

0% of SWEDISH EDMONDS’s revenue is contributions — about as donation-reliant as the typical peer (1% for the typical peer).

This organization
Typical peer · 2,195 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 8 reported years ran a deficit.

$48M
17
$3.9M
18
$39M
19
$53M
20
$47M
21
$70M
22
$77M
23
$70M
24
1.9
months of
reserve
02Who funds it

Who funds it, year by year

2018 → 2023: the base held at 1 funder, grant income rose $171k → $442k.

Funder
'18
'19
'20
'21
'22
'23
'24*
total
funders
1
1
2
2
2
1
1

From the IRS filings of SWEDISH EDMONDS’s funders (the co-funder graph). Association, not causation.

How concentrated its funding is

SWEDISH EDMONDS leans on a few funders — its largest provides 50% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

50%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2018 100% · 2019 100% · 2020 59% · 2021 56% · 2022 95% · 2023 100%broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration.

Where its funders are

100% of SWEDISH EDMONDS's grant income comes from Washington funders.

WA

In-state vs out-of-state, by year

18
19
20
21
22
23
Washington out of state home

Funder states come from each funder’s own filing.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like SWEDISH EDMONDS

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

In Washington

Nationally

04Profile & governance

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

Where the money goes

89% of spending goes to programs.

Program 89%Management 11%Fundraising 0%

Governance

12
board members
100%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Footprint & structure

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 SWEDISH EDMONDS: 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. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds SWEDISH EDMONDS?
SWEDISH EDMONDS (Washington) receives grants from 2 organizations whose IRS filings report $2,326,065 to it, the largest being North Sound Accountable Community of Health ($1,169,379). 2 of them have funded it in more than one year.
How many funders does SWEDISH EDMONDS have?
IRS filings report 2 organizations giving $2,326,065 in grants to SWEDISH EDMONDS, 2 of which have funded it in more than one year.
Who is the largest funder of SWEDISH EDMONDS?
North Sound Accountable Community of Health is the largest funder on record, with $1,169,379 in grants. The full list of funders is on this page.
How can an organization like SWEDISH EDMONDS 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 2funders 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. What this page cannot tell you · view filing