Sparrow Specialty Hospital
Lansing, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 39 peers in Health Care with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $10,487,673↓55% | $8,620,562↓53% | $50,181,721↑8% | |
| 2022 | $23,102,183↓2% | $18,149,147↑13% | $46,387,855↑2% | — |
| 2021 | $23,525,933↑17% | $15,995,615↑12% | $45,693,643↑24% | — |
| 2020 | $20,182,717↑21% | $14,309,729↑4% | $36,922,628↑25% | — |
| 2019 | $16,672,630↑4% | $13,785,656↑9% | $29,512,877↑19% | — |
| 2018 | $16,083,371↑9% | $12,648,586↑4% | $24,776,945 | — |
| 2017 | $14,801,379↓10% | $12,154,769↓9% | $24,672,680↑14% | — |
| 2016 | $16,453,672↑4% | $13,378,593↓1% | $21,638,013↑14% | — |
| 2015 | $15,845,401↑12% | $13,560,873↑12% | $18,906,519↑17% | — |
| 2014 | $14,172,009↑14% | $12,154,853↑7% | $16,176,244↑14% | — |
| 2013 | $12,382,891↓10% | $11,382,442↓8% | $14,176,516↑10% | — |
| 2012 | $13,803,032↓3% | $12,430,984↑2% | $12,865,904↑15% | — |
| 2011 | $14,268,900 | $12,180,988 | $11,160,960 | — |
Frequently Asked Questions
What does Sparrow Specialty Hospital do?▼
Sparrow Specialty Hospital is a health care nonprofit organization based in Michigan. It is classified under NTEE code E24 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Sparrow Specialty Hospital financially healthy?▼
Based on our 9-metric Financial Health Score model, Sparrow Specialty Hospital has a score of 71/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Sparrow Specialty Hospital generate?▼
Sparrow Specialty Hospital reports $20.9M in annual revenue and holds $55.5M in total assets, based on IRS filings.
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