E — Health CareEIN: 382113393

Trinity Health-michigan

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

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×
💰
$3.0B
Total Revenue
📊
$2.9B
Total Expenses
🏦
$3.3B
Net Assets
📋
$1.6B
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+0.0%
Year-over-year change (2022 → 2023)
Net Margin
+5.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.16
Net assets divided by total expenses
Liabilities-to-Assets
31.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,044,731,077$2,880,789,507↑3%$4,904,880,006↑6%
2022$3,044,102,682↑1%$2,809,662,337↑8%$4,608,449,257↓4%
2021$3,007,120,461↑16%$2,599,358,658↑5%$4,785,945,903↑16%
2020$2,599,317,309↓3%$2,474,639,592$4,138,122,519↑11%
2019$2,671,322,542↓4%$2,466,850,723↓1%$3,727,484,444↑1%
2018$2,769,778,443↑2%$2,500,942,974↓1%$3,702,529,144↓13%
2017$2,721,187,156↑10%$2,521,811,613↑9%$4,246,227,933↑33%
2016$2,481,440,397↓2%$2,303,476,776$3,202,919,008↑1%
2015$2,520,129,473↑2%$2,304,404,712↓3%$3,181,338,583↑2%
2014$2,474,924,719$2,372,110,069↑2%$3,119,780,142↑4%
2013$2,475,793,857↑3%$2,336,962,436↑2%$3,000,851,139↓13%
2012$2,414,844,658↑5%$2,287,152,146↑5%$3,446,109,503↑6%
2011$2,295,965,617$2,173,863,888$3,246,651,180

Frequently Asked Questions

What does Trinity Health-michigan do?▼

Trinity Health-michigan is a health care nonprofit organization based in Michigan. It is classified under NTEE code E210 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Trinity Health-michigan financially healthy?▼

Based on our 9-metric Financial Health Score model, Trinity Health-michigan 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 Trinity Health-michigan generate?▼

Trinity Health-michigan reports $3.3B in annual revenue and holds $5.2B in total assets, based on IRS filings.

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