EHealth CareEIN: 382415274· Ruling Year: 1984

Reading Emergency Unit Inc

Hillsdale, Michigan

B+Health Score
73B+

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 2 peers in Health Care with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.47×
Peer Median29.34×
💰
$2.5M
Total Revenue
📊
$2.3M
Total Expenses
🏦
$1.1M
Net Assets
📋
$916K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+13.4%
Year-over-year change (2022 → 2023)
Net Margin
+5.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.47
Net assets divided by total expenses
Liabilities-to-Assets
45.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,456,04013%$2,313,0314%$2,013,33917%
2022$2,165,3441%$2,227,4502%$1,714,2476%
2021$2,178,83510%$2,177,9495%$1,833,10223%
2020$2,412,01427%$2,082,49910%$1,488,46721%
2019$1,895,1134%$1,896,7404%$1,226,8522%
2018$1,822,6824%$1,831,5947%$1,206,9328%
2017$1,898,1401%$1,975,7264%$1,318,5136%
2016$1,882,9674%$1,898,2859%$1,404,8741%
2015$1,966,2522%$1,747,26117%$1,388,8432%
2014$1,998,0494%$2,109,3215%$1,418,9655%
2013$2,073,0953%$2,210,8993%$1,356,8258%
2012$2,137,8213%$2,271,0588%$1,480,78212%
2011$2,066,965$2,096,437$1,687,134

Frequently Asked Questions

What does Reading Emergency Unit Inc do?

Reading Emergency Unit Inc is a health care nonprofit organization based in Michigan. It is classified under NTEE code E62Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Reading Emergency Unit Inc financially healthy?

Based on our 9-metric Financial Health Score model, Reading Emergency Unit Inc has a score of 73/100 (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 Reading Emergency Unit Inc generate?

Reading Emergency Unit Inc reports $2.6M in annual revenue and holds $1.8M in total assets, based on IRS filings.

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