Sparrow Health System
Lansing, 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 1225 peers in Health Care with $100M-$1B 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 | $77,434,170↓52% | $87,024,275↓46% | $1,237,955,988↑19% | — |
| 2022 | $162,255,597↑10% | $160,698,780↑11% | $1,041,796,926↓12% | — |
| 2021 | $147,878,003↑10% | $145,397,782↑13% | $1,189,859,070↑14% | — |
| 2020 | $133,864,402↓9% | $128,857,421↑15% | $1,042,734,059↑3% | — |
| 2019 | $146,980,116↑39% | $111,672,689↑8% | $1,016,822,511↑11% | — |
| 2018 | $106,018,388↑1196% | $103,062,126↑1659% | $919,918,068↓3% | — |
| 2017 | $8,177,967↓6% | $5,859,521↓30% | $948,563,508↑6% | — |
| 2016 | $8,698,747↓57% | $8,348,558↑239% | $895,674,258↑9% | — |
| 2015 | $20,029,147↑1156% | $2,464,523↑48% | $822,407,061↑14% | — |
| 2014 | $1,595,079↑156% | $1,660,510↑30% | $724,121,878↓7% | — |
| 2013 | $623,502↓42% | $1,274,698 | $779,448,626↑31% | — |
| 2012 | $1,069,750↑82% | $0↓100% | $594,666,847↑6% | — |
| 2011 | $589,214 | $5,738 | $558,981,464 | — |
Frequently Asked Questions
What does Sparrow Health System do?▼
Sparrow Health System is a health care nonprofit organization based in Michigan. It is classified under NTEE code E120 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Sparrow Health System financially healthy?▼
Based on our 9-metric Financial Health Score model, Sparrow Health System has a score of 68/100 (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 Sparrow Health System generate?▼
Sparrow Health System reports $156.0M in annual revenue and holds $1.3B in total assets, based on IRS filings.
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