EHealth CareEIN: 381459366· Ruling Year: 1945

Munson Healthcare Charlevoix Hospital

Traverse City, Michigan

B+Health Score
72B+

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)

This Org0.33×
Peer Median8.62×
💰
$75.9M
Total Revenue
📊
$72.9M
Total Expenses
🏦
$24.4M
Net Assets
📋
$10.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-0.1%
Year-over-year change (2022 → 2023)
Net Margin
+4.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.33
Net assets divided by total expenses
Liabilities-to-Assets
29.8%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$75,921,480$72,864,2455%$34,710,90636%
2022$76,007,12012%$69,078,64617%$54,369,11123%
2021$68,167,6263%$58,957,6302%$70,162,82717%
2020$66,072,4482%$60,190,356$59,920,16518%
2019$64,941,02212%$60,483,46711%$50,630,24214%
2018$57,998,4736%$54,651,9758%$44,354,4441%
2017$54,577,49599%$50,807,07891%$44,106,56618%
2016$27,451,62817%$26,611,92414%$37,457,39616%
2015$33,159,63329%$30,833,26929%$32,394,48815%
2015$46,562,08413%$43,563,7534%$28,052,35510%
2014$41,167,8074%$41,699,9396%$25,509,5685%
2013$39,562,28817%$39,337,64212%$26,923,0653%
2012$33,796,2682%$35,240,9433%$26,227,2086%
2011$34,651,243$34,086,360$27,826,701

Frequently Asked Questions

What does Munson Healthcare Charlevoix Hospital do?

Munson Healthcare Charlevoix Hospital 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 Munson Healthcare Charlevoix Hospital financially healthy?

Based on our 9-metric Financial Health Score model, Munson Healthcare Charlevoix Hospital has a score of 72/100 (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 Munson Healthcare Charlevoix Hospital generate?

Munson Healthcare Charlevoix Hospital reports $84.0M in annual revenue and holds $41.8M in total assets, based on IRS filings.

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Munson Healthcare Charlevoix Hospital — Traverse City, MI | GiveScope