HMedical 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$2,777,96822%$2,802,74724%$29,106,7507%
2022$3,566,57523%$2,253,78610%$27,328,14710%
2021$4,607,54156%$2,499,04812%$30,383,08326%
2020$2,958,82215%$2,221,81218%$24,103,9643%
2019$3,478,72528%$2,720,15713%$23,477,3061%
2018$4,848,97399%$2,415,01210%$23,340,89916%
2017$2,437,427$2,676,05458%$20,083,65210%
2016$2,429,22012%$1,689,07547%$18,271,1881%
2015$2,169,1363%$3,208,69597%$18,011,8058%
2014$2,108,55311%$1,627,1105%$19,611,3318%
2013$1,906,26668%$1,554,51926%$18,093,1174%
2012$5,879,643180%$2,103,943110%$17,420,6105%
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 $6.2M in annual revenue and holds $32.4M in total assets, based on IRS filings.

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