EHealth CareEIN: 381360584

Edward W Sparrow Hospital Association

Lansing, Michigan

B-Health Score
54B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

How This Organization Compares

Compared to 354 peers in Health Care with >$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.16×
Peer Median0.58×
💰
$524.3M
Total Revenue
📊
$605.0M
Total Expenses
🏦
$702.0M
Net Assets
📋
$630.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-49.2%
Year-over-year change (2022 → 2023)
Net Margin
-15.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.16
Net assets divided by total expenses
Liabilities-to-Assets
47.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$524,310,04849%$604,998,61447%$1,332,758,0566%
2022$1,031,480,2858%$1,145,600,4613%$1,418,560,97714%
2021$1,124,443,45812%$1,116,593,18211%$1,648,951,6091%
2020$1,007,119,9191%$1,007,425,0923%$1,639,507,87411%
2019$1,000,419,4532%$979,871,7224%$1,474,682,1546%
2018$977,341,7883%$940,021,7371%$1,397,412,4092%
2017$951,898,5491%$930,928,7471%$1,430,381,1145%
2016$960,178,583$919,639,8323%$1,361,393,7165%
2015$961,784,7087%$889,846,3587%$1,294,207,0787%
2014$897,813,4652%$829,822,1974%$1,204,134,3126%
2013$911,718,1595%$862,678,9294%$1,135,510,3869%
2012$870,499,6816%$831,715,6136%$1,044,015,06318%
2011$822,801,358$782,913,552$885,092,601

Frequently Asked Questions

What does Edward W Sparrow Hospital Association do?

Edward W Sparrow Hospital Association is a health care nonprofit organization based in Michigan. It is classified under NTEE code E220 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Edward W Sparrow Hospital Association financially healthy?

Based on our 9-metric Financial Health Score model, Edward W Sparrow Hospital Association has a score of 54/100 (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 Edward W Sparrow Hospital Association generate?

Edward W Sparrow Hospital Association reports $1.2B in annual revenue and holds $1.3B in total assets, based on IRS filings.

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