Packard Health Inc
Ann Arbor, Michigan
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)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $12,601,647↑3% | $12,570,870↑11% | $18,440,917↑4% | |
| 2022 | $12,184,701↓13% | $11,334,632↑17% | $17,769,426↑3% | — |
| 2021 | $14,016,924↓6% | $9,666,803↑9% | $17,218,631↑36% | — |
| 2020 | $14,892,311↑65% | $8,903,861↑14% | $12,624,380↑177% | — |
| 2019 | $9,043,917↑23% | $7,814,652↑14% | $4,564,541↑38% | — |
| 2018 | $7,349,254↑23% | $6,825,944↑18% | $3,299,535↑34% | — |
| 2017 | $5,977,254↑27% | $5,763,940↑37% | $2,468,079↑20% | — |
| 2016 | $4,705,063↑33% | $4,195,458↑40% | $2,063,398↑38% | — |
| 2015 | $3,546,613↑20% | $2,990,424↑4% | $1,498,243↑48% | — |
| 2014 | $2,956,216 | $2,869,330↑12% | $1,009,350↑2% | — |
| 2013 | $2,950,120↑11% | $2,567,155↑1% | $985,431↑24% | — |
| 2012 | $2,659,588↑3% | $2,544,290↓11% | $792,696↑17% | — |
| 2011 | $2,582,274 | $2,862,090 | $678,430 | — |
Frequently Asked Questions
What does Packard Health Inc do?▼
Packard Health Inc is a health care nonprofit organization based in Michigan. It is classified under NTEE code E32Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Packard Health Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Packard Health Inc has a score of 74/100 (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 Packard Health Inc generate?▼
Packard Health Inc reports $15.3M in annual revenue and holds $18.1M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Health Care category, or browse all nonprofits in Michigan.