H — Medical ResearchEIN: 381779602· Ruling Year: 1967

Saint Marys Foundation

Grand Rapids, 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

💰
$2.8M
Total Revenue
📊
$2.8M
Total Expenses
🏦
$28.3M
Net Assets
📋
$843K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-22.1%
Year-over-year change (2022 → 2023)
Net Margin
-0.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
10.08
Net assets divided by total expenses
Liabilities-to-Assets
2.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,777,968↓22%$2,802,747↑24%$29,106,750↑7%
2022$3,566,575↓23%$2,253,786↓10%$27,328,147↓10%
2021$4,607,541↑56%$2,499,048↑12%$30,383,083↑26%
2020$2,958,822↓15%$2,221,812↓18%$24,103,964↑3%
2019$3,478,725↓28%$2,720,157↑13%$23,477,306↑1%
2018$4,848,973↑99%$2,415,012↓10%$23,340,899↑16%
2017$2,437,427$2,676,054↑58%$20,083,652↑10%
2016$2,429,220↑12%$1,689,075↓47%$18,271,188↑1%
2015$2,169,136↑3%$3,208,695↑97%$18,011,805↓8%
2014$2,108,553↑11%$1,627,110↑5%$19,611,331↑8%
2013$1,906,266↓68%$1,554,519↓26%$18,093,117↑4%
2012$5,879,643↑180%$2,103,943↑110%$17,420,610↑5%
2011$2,098,177$1,003,333$16,516,586

Frequently Asked Questions

What does Saint Marys Foundation do?▼

Saint Marys Foundation is a medical research nonprofit organization based in Michigan. It is classified under NTEE code H00J and is registered as a 501(c) tax-exempt organization with the IRS.

Is Saint Marys Foundation financially healthy?▼

Based on our 9-metric Financial Health Score model, Saint Marys Foundation 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 Saint Marys Foundation generate?▼

Saint Marys Foundation reports $5.5M in annual revenue and holds $35.9M in total assets, based on IRS filings.

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